Standard Industries Limited has submitted to the Exchange, the financial results for the quarter and Financial year ended March 31, 2025.
SIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Standard Industries Limited reported its audited results for Q4 and FY25 (year ended March 31, 2025). Standalone revenue from operations grew to Rs 2,234.98 lakhs (FY24: Rs 1,905.48 lakhs), up about 17% year-on-year, while Q4 revenue jumped roughly 60% YoY to Rs 803.39 lakhs. Despite this, the standalone net loss widened sharply to Rs 1,380.44 lakhs for FY25 versus Rs 203.64 lakhs in FY24, and Q4 standalone saw a loss of Rs 419.03 lakhs against a profit of Rs 931.92 lakhs a year ago. Consolidated FY25 net loss was Rs 1,350.97 lakhs versus Rs 13.10 lakhs in FY24. The statutory auditor (R.S. Gokani & Co) issued an unmodified opinion but drew attention via an Emphasis of Matter to the Rs 5,969.82 lakhs equity investment in wholly owned subsidiary Standard Salt Works Limited, for which no provision for diminution has been considered. The Board also reconstituted the Audit Committee, re-appointed Executive Director D.H. Parekh for two years, and appointed a new Secretarial Auditor for five years; the 128th AGM is set for July 29, 2025.
Losses have deepened materially even as top-line grew, which is negative for shareholders and likely to weigh on sentiment. The auditor's Emphasis of Matter on the large subsidiary investment flags an area of risk worth tracking, while the re-appointments and unchanged auditor opinion provide continuity in governance.