1. Pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015, we enclose herewith the Audited Financial results of the ....
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Ludlow Jute & Specialities Ltd reported audited financial results for FY25 with revenue from operations falling sharply to Rs. 30,090 lakhs from Rs. 47,552 lakhs in FY24, a drop of about 37%. The company posted a loss before tax of Rs. 1,412 lakhs, slightly narrower than the Rs. 1,786 lakhs loss in FY24, while the net loss for the year stood at Rs. 1,057 lakhs (FY24: Rs. 1,254 lakhs). Total Comprehensive Income turned positive at Rs. 262 lakhs, helped by a one-time gratuity provision reversal of Rs. 1,763 lakhs booked under Other Comprehensive Income. EPS for the year was Rs. (9.79) and the Board has not recommended any dividend. Statutory auditors JKVS & Co. issued an unmodified opinion on the financial statements.
Shareholders face a third straight year of revenue decline and losses, though the bottom-line loss has narrowed slightly. The absence of dividend and weak operating cash flow of just Rs. 49 lakhs (vs Rs. 1,894 lakhs last year) remain key concerns, while the one-time gratuity reversal flatters other comprehensive income without improving core profitability.