NEWS PAPER PUBLICATION FOR AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2025
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Awaiting price reaction for this filing.
Salora International informed BSE that its audited financial results for the quarter and year ended 31 March 2025 were published in Financial Express (English) and Jansatta (Hindi) on 29 May 2025, as required under SEBI Listing Regulations. For FY25, total income from operations stood at Rs. 15,274.54 lakhs (vs Rs. 15,972.92 lakhs in FY24), with a net loss of Rs. 132.61 lakhs, narrowing from Rs. 208.74 lakhs last year. Q4 FY25 showed a net loss of Rs. 20.62 lakhs. The Board has proposed a dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10) for FY25, subject to shareholder approval at the upcoming AGM. The filing also notes that an SLP in the Supreme Court and a writ petition in the Delhi High Court remain pending, with the related contingent liability continuing to stand. Deferred tax assets stood at Rs. 2,216.44 lakhs.
The losses have narrowed compared to last year, which is mildly positive, but the company remains loss-making, so this is a procedural disclosure with limited near-term stock impact. The proposed dividend of Rs. 1.50 per share is a small positive signal for income-focused shareholders, pending AGM approval.