Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2025.
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Shiva Global Agro Industries reported its audited results for FY25, with standalone revenue from operations rising to Rs 8,603.70 Lacs (vs Rs 8,042.41 Lacs in FY24, ~7% growth) and standalone net profit turning around to Rs 640.34 Lacs from a loss of Rs 972.65 Lacs a year earlier. Consolidated revenue stood at Rs 37,992.85 Lacs (vs Rs 36,427.35 Lacs), with consolidated net profit of Rs 22.37 Lacs versus a prior-year loss of Rs 2,530.43 Lacs. The results include an exceptional gain of Rs 887.88 Lacs from the sale of its entire stakes in two subsidiaries — Shiva-Parvati Poultry Feed (51%) and Ghatprabha Fertilizers (61.53%). The statutory auditor issued an unmodified opinion on both standalone and consolidated results but flagged an Emphasis of Matter noting that consolidated figures are not strictly comparable year-on-year due to these divestments.
The divestment has streamlined the consolidated structure and produced a one-time accounting gain, masking underlying standalone weakness where operating cash flow turned negative at Rs -996.71 Lacs despite a reported profit. Shareholders should note that consolidated scale has shrunk and that the year-on-year comparison is distorted by the subsidiary exits.