Intimation regarding newspaper publishing
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Savera Industries Ltd has submitted newspaper cuttings to BSE from Financial Express and Makkal Kural, publishing the audited financial results for the quarter and year ended March 31, 2025 (note: the covering letter incorrectly references FY ending 31.03.2024). The Board of Directors approved these audited results at its meeting held on May 23, 2025. Key numbers from the published results: Total income from operations stood at Rs. 475 lakhs. The company reported a loss before tax of Rs. 211.55 lakhs and a net loss of Rs. 179.22 lakhs for the year, narrower compared to a net loss of Rs. 195.10 lakhs in the previous year. Basic and diluted EPS stood at negative Rs. 3.77 and Rs. 2.86 respectively, while reserves remained negative at Rs. 179.22 lakhs. Results along with the Balance Sheet and Cash Flow statement have been posted on the company's website www.saverahotel.com. The disclosure is filed under Regulation 33 read with Regulation 47(1) of SEBI (LODR) Regulations, 2015.
Savera Industries continues to report annual losses and operates with negative reserves, indicating financial weakness. However, the net loss has narrowed slightly compared to the previous year, which is a marginal positive. Shareholders should be cautious given the sustained unprofitability, though the stock is very thinly traded and typically of interest only to speculative investors.