Outcome of Board Meeting held today i.e. Thursday, 14th August, 2025
Price
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Awaiting price reaction for this filing.
Svarnim Trade Udyog's board approved standalone unaudited financial results for the quarter ended 30th June 2025. The company reported zero revenue from operations, with total expenses of ₹5.87 lakh, resulting in a net loss of ₹5.87 lakh (loss per share of ₹0.24). This is a wider loss compared to the same quarter last year (Q1 FY25 loss of ₹1.41 lakh), though narrower than the previous quarter (Q4 FY25 loss of ₹9.45 lakh). For the full FY25, the company posted a net loss of ₹14.21 lakh on total income of just ₹0.21 lakh. The auditor issued an unmodified review report with no qualifications.
The company continues to report no operating revenue while incurring expenses, leading to consistent losses. Shareholders should note the company is currently not generating business income, which raises questions about future business activity and going concern, though no formal going concern issue has been flagged by the auditor.