Please find enclosed herewith Clipping of News papers in which Abstract of Audited financial Results for the Q4 and Year ended 31.03.2025 were published.
Awaiting price reaction for this filing.
Sir Shadi Lal Enterprises (sugar and distillery company, Shamli, UP) submitted newspaper clippings of its audited financial results for Q4 and FY25 to BSE as required under SEBI Listing Regulations. Total income from operations fell sharply to ₹26,834 lakhs in FY25 from ₹46,215 lakhs in FY24, while Q4 revenue dropped to ₹9,266 lakhs from ₹18,564 lakhs YoY. The company swung to a full-year net loss of ₹4,460 lakhs versus a loss of ₹919 lakhs in FY24, with other equity deep in the negative at ₹(21,487) lakhs. A notable accounting policy change was implemented: land was switched from revaluation to cost model, reducing revaluation surplus by ₹82,341 lakhs retrospectively. The Board has also approved a Composite Scheme of Arrangement for amalgamation of the company into Triveni Engineering & Industries Ltd (TEIL) and demerger of TEIL's power transmission business into Triveni Power Transmission Ltd; stock exchange approval is awaited.
Shareholders should note the steep revenue decline, the swing to a deeper annual loss, and the deeply negative other equity, indicating weak standalone fundamentals. However, the proposed amalgamation into Triveni Engineering could be a material value-unlocking event pending regulatory approvals. The accounting policy change on land valuation is a one-time adjustment and does not reflect ongoing operations.