OUTCOME OF BOARD MEETING HELD ON 30TH MAY 2025
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Swarnsarita Jewels India Ltd's board, meeting on 30th May 2025, approved audited standalone and consolidated financial results for Q4 and FY25. On a standalone basis, revenue from operations was Rs. 67,369.58 lakhs (vs Rs. 68,116.85 lakhs last year, a marginal dip of about 1%), while profit after tax rose to Rs. 728.79 lakhs from Rs. 508.64 lakhs, a growth of around 43%. EPS improved to Rs. 3.49 from Rs. 2.44. However, Q4 standalone results showed a loss of Rs. 315.34 lakhs. On a consolidated basis, revenue was Rs. 76,136.97 lakhs (vs Rs. 76,969.32 lakhs) and PAT rose to Rs. 530.26 lakhs from Rs. 479.30 lakhs. Statutory auditor Banshi Jain & Associates issued an unmodified (clean) opinion on both sets of results. The board also approved an Expected Credit Loss (ECL) model policy for debtors.
The full-year PAT growth of around 43% on a standalone basis is a clear positive for shareholders, though the marginal revenue dip and a loss-making Q4 may temper near-term sentiment. A clean audit opinion removes any qualification-related overhang, supporting confidence in the reported numbers.