Outcome of Board Meeting
Price
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The Board of SVA India Ltd met on August 12, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), along with the 44th AGM notice and Directors' Report for FY25. On a standalone basis, total income fell sharply to ₹13.27 lakhs from ₹22.88 lakhs in Q1 FY25, a drop of about 42%, while total expenses ballooned to ₹62.90 lakhs from ₹23.31 lakhs, driven by higher finance costs (₹22.19 lakhs vs ₹12.23 lakhs), employee expenses, and legal & professional fees. The company posted a standalone net loss of ₹50.17 lakhs against a marginal loss of ₹0.42 lakhs a year ago. On a consolidated basis, the loss was offset by ₹72.88 lakhs share of profit from associates (Aussee Oats India and Aussee Oats Millings), yielding a consolidated net profit of ₹22.71 lakhs (vs ₹79.40 lakhs YoY).
The standalone core business remains loss-making with deteriorating operating performance, which is a concern for shareholders despite consolidated profitability being supported by associate companies. The auditor issued a modified conclusion on the consolidated results because the associates' interim financials were not independently reviewed, adding a qualification that investors should note.