The Board considered and approved, inter alia, to include the unaudited financial results for the quarter ended June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SVC Industries' board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income rose to Rs. 265.37 lakhs from Rs. 137.38 lakhs in the year-ago quarter, driven mainly by agri product sales of Rs. 241.75 lakhs. However, the company swung to a loss of Rs. 70.21 lakhs at the PBT level (vs. a profit of Rs. 57 lakhs in Q1 FY25), with EPS at Rs. (0.04). The 34th AGM is scheduled for September 30, 2025 via video conferencing. The board approved the re-appointment of Mr. Suresh V. Chaturvedi as Non-Executive Director and Mr. Subhash Chandra Rastogi as Independent Director for another 5-year term starting February 2026. Company Secretary Ms. Jyoti Darade resigned effective July 31, 2025, with Mr. Jishan Ahmed appointed in her place from August 1, 2025. Notes flag ongoing debt concerns including Rs. 2,299 lakhs unpaid under the PICUP one-time settlement (extension requested till September 30, 2025) and pending negotiations with debenture holders. The auditor (B.M. Chaturvedi & Co.) issued an unmodified limited review report.
Positive top-line momentum from new agri trading segment is offset by persistent bottom-line losses and unresolved debt obligations, which keep financial risk elevated for shareholders. Key items to watch are the PICUP settlement outcome and any further losses in coming quarters.