Further to our Letter dated 13.05.2026, we wish to inform you that the Board of Directors of the Company at the meeting held today i.e., May 25, 2026, has approved the following: a) Annual ....
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S V Global Mill Ltd reported mixed annual results for FY2025-26. Standalone operations showed profit of Rs 672.46 lakhs (vs loss of Rs 31.70 lakhs YoY), driven partly by exceptional items of Rs 1,348.89 lakhs from land compensation. However, consolidated results showed a net loss of Rs 909.22 lakhs due to significant losses in subsidiary operations and impairment of investments. Revenue declined sharply on consolidated basis to Rs 344.72 lakhs from Rs 664.87 lakhs. Cash position deteriorated significantly with cash falling from Rs 481.39 lakhs to Rs 29.59 lakhs. The company has an ongoing land compensation case before Karnataka Mediation Centre following Supreme Court remand. Auditors issued unqualified opinion with Emphasis of Matter on the legal case.
Standalone profitability masks underlying consolidated weakness with Rs 909.22 lakh loss. Sharp revenue decline and depleted cash reserves (from Rs 4.81 crore to Rs 29.59 lakh) raise liquidity concerns. The legal case outcome could materially impact future results.