Outcome of Board Meeting- Approval of Quarterly Unaudited results
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Awaiting price reaction for this filing.
The Board approved standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. On a consolidated basis, total income surged to ₹1,181.96 lakhs from ₹107.53 lakhs in the year-ago quarter, driven primarily by ₹1,005.37 lakhs in revenue from the Alcohol and Beer segment and ₹174.47 lakhs from KP lifestyle events. Standalone revenue was ₹27 lakhs versus just ₹0.22 lakhs in Q1 FY25. Despite the revenue jump, the company posted a consolidated net loss of ₹152.24 lakhs (after minority interest) and a standalone net loss of ₹27.55 lakhs. The auditor (Rajesh Raj Gupta & Associates LLP) issued an unmodified limited review report on both sets of results.
Strong top-line growth from the alco-bev segment is a positive sign, but persistent losses and the company's own note about 'huge brought forward losses' suggest profitability remains a challenge. Shareholders may see the Rights Issue oversubscription (₹20.51 cr raised) and planned expansion into Uttarakhand, Rajasthan and Chhattisgarh as near-term positives, but bottom-line improvement is key for sustained stock price support.