Disclosure under Regulation 30 and Regulation 47 of the SEBI (LODR), Regulation 2015 - News Paper Publication
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spice Islands Industries Ltd has submitted copies of its audited financial results for the fourth quarter and full financial year ended March 31, 2025, which were approved by the Board on May 28, 2025 and published in The Free Press Journal (English) and Nav Shakti (Marathi) on May 30, 2025. For FY25, total income jumped to ₹297.87 lakhs from ₹132.98 lakhs in FY24, driven largely by a sharp rise in other income (₹220 lakhs vs ₹43.17 lakhs), while revenue from operations actually dipped to ₹77.87 lakhs from ₹89.81 lakhs. Profit after tax for the year grew to ₹47.73 lakhs (from ₹31.86 lakhs), with basic EPS rising to ₹1.11 from ₹0.74. The company has pivoted into three new segments — EV renting, food and beverages, and hospitality — all of which are still operating at a loss at the segment level, though unallocable other income turned overall profitability positive. Total assets swelled to ₹507.75 lakhs (from ₹126.89 lakhs), supported by 19.33 lakh share warrants allotted on a preferential basis at ₹45 each in October 2024.
The headline PAT growth looks strong but is largely fuelled by non-operating income rather than core business performance, so this may not translate into sustained shareholder value. The shift into EV renting, food & beverages, and hospitality is a significant strategic change, but with all three segments still loss-making and other equity still in the negative, investors should watch for signs of operational break-even in the coming quarters.