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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gayatri Sugars' board, meeting on May 29, 2025, approved audited results for Q4 and FY ended March 31, 2025. FY25 total income fell to ₹34,182.41 lakhs from ₹37,760.54 lakhs last year, while net profit dropped sharply to ₹107.25 lakhs from ₹703.94 lakhs (~85% decline). Q4 FY25, however, was strong with net profit of ₹3,885.40 lakhs versus ₹3,361.65 lakhs in Q4 FY24. Statutory auditor MOS & Associates LLP issued a qualified opinion on the financials, flagging an unresolved electricity duty dispute (potential liability of ~₹170 lakhs, treated as a contingent liability of ₹283.99 lakhs). The company also appointed M/s PPKG & Co as Internal Auditors and M/s Narasimha Murthy & Co as Cost Auditors for FY 2025-26. Net worth remains deeply negative at ₹(8,471.89) lakhs, though the company raised ₹2,315 lakhs via share warrant conversions.
Weak full-year earnings and persistently negative net worth are concerns for shareholders, though the strong Q4 performance and fresh capital raise are positives. The qualified audit opinion is not new (since FY 2016-17) but investors should track the upcoming DRT hearing on June 19, 2025 regarding the SDF loan, which could materially affect the company's financial position.