Please find enclosed herewith Audited Financial Results (Standalone & COnsolidated) of the Company For The Quarter And Financial Year Ended On 31 March, 2025.
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South Asian Enterprises reported audited results for FY25, showing a sharp standalone loss after booking large impairment provisions related to its former subsidiary Chai Thela Private Limited (CTPL). Standalone revenue from operations fell to Rs. 25.06 lakhs (vs Rs. 114.61 lakhs in FY24), an ~78% decline, while standalone loss after tax widened to Rs. (333.53) lakhs, driven by a Rs. 318.52 lakh exceptional provision for impairment of loans, accrued interest and equity investment in CTPL. On a consolidated basis, revenue from operations was Rs. 517.12 lakhs with a PAT of Rs. 21.76 lakhs, after another Rs. 160.87 lakh goodwill impairment write-off on CTPL. The company sold its entire stake in loss-making CTPL on 27 March 2025, and CTPL ceased to be a subsidiary. The board also approved new Internal Auditor (S. Bansal & Associates) and Secretarial Auditor (A. Aggarwal & Associates) for FY26, and fixed the 36th AGM for 24 September 2025.
Shareholders should note a steep drop in standalone revenue and a large one-time loss from writing off the failed CTPL subsidiary, though auditors gave an unmodified (clean) opinion. Going forward, the company is now smaller after divesting CTPL, and its standalone operations (mainly Trading and an 'Others' segment) remain very thin and loss-making, which is a concern for future earnings.