The Board of Directors of the Company at their meeting held on today i.e. 29.05 2025 at Dinalipi Bhawan, A-54/1 & A-55/1, Nayapalli, Baramunda, Bhubaneswar- 751003 has considered and approved ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Suryo Foods & Industries Ltd met on 29 May 2025 and approved the audited financial results for Q4 and FY ended 31 March 2025. The statutory auditor (Sanjit Mohanty & Co.) issued an unqualified opinion on the results. Total income for FY25 stood at Rs 63.13 lakh, sharply down from Rs 178.71 lakh in FY24 — a decline of nearly 65%. Net profit for FY25 was Rs 24.87 lakh versus Rs 113.14 lakh last year, with EPS falling to Rs 0.63 from Rs 2.86. Q4 FY25 returned to profitability at Rs 21 lakh net, recovering from a loss of Rs 0.79 lakh in Q4 FY24. The Board also re-appointed Mr Amarendra Dash as Managing Director for five years, appointed Mr Aditya Dash as CEO, and Mr Ashok Kumar Das as COO. The company's reserves remain deeply negative at Rs (650.79) lakh.
The steep revenue contraction and sharply lower full-year profits signal significant business stress, though the Q4 turnaround is mildly positive. Persistent negative reserves remain a concern for long-term solvency. Shareholders should weigh the weak operating performance against management continuity led by the promoter family.