Outcome of Board Meeting for approval of Unaudited Financial Results for the quarter ended June 30, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of Sharika Enterprises approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. Standalone revenue from operations fell to ₹1,687.88 lakhs from ₹1,797.86 lakhs in the same quarter last year, a decline of about 6%. The company posted a standalone loss after tax of ₹100.97 lakhs, narrower than the ₹238.34 lakh loss in Q1 FY25. On a consolidated basis, revenue dipped to ₹1,751.80 lakhs and the loss after tax stood at ₹167.90 lakhs. The statutory auditor R D V & Associates issued an unmodified (clean) review report on both sets of results. The Board also appointed Dr. Vijay Pande as Additional Director, Santosh K Jha & Co. as Internal Auditors for FY26, and Jaivindra Singh & Associate as Secretarial Auditors for FY26–FY30.
Although the company remains in the red at both standalone and consolidated levels, losses have shrunk meaningfully versus the year-ago quarter, which is mildly positive. The slight drop in revenue and a still-negative bottom line mean the stock is likely to see limited reaction, while the clean audit opinion and stable governance appointments are neutral positives.