Dear Sir/Madam, Please find attached outcome of Board Meeting dated 30.05.2025
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The Board of Tarai Foods Ltd approved the audited standalone financial results for the quarter and full year ended 31 March 2025. Revenue from core operations (frozen foods and vegetables) remained nil at Rs 0 lakh, the same as the previous year. Total income (mainly other income) fell sharply to Rs 0.5 lakh in Q4 FY25 from Rs 32.4 lakh in Q4 FY24, and for the full year dropped about 55% to Rs 19 lakh from Rs 42.6 lakh. The company reported a net loss of Rs 12.1 lakh in Q4 FY25 (vs a Rs 23.1 lakh profit in Q4 FY24) and a full-year net loss of Rs 19.8 lakh (vs Rs 31.0 lakh loss in FY24). The auditor M/s Sunil Vashisht & Co. issued an unqualified audit opinion.
Highly concerning for shareholders – the company continues to report zero revenue from operations, has a deeply negative net worth of about Rs 270 lakh (reserves of Rs -1,807 lakh against share capital of Rs 1,536 lakh), and is posting losses every quarter. This points to serious going-concern risks despite the clean auditor's opinion, and is a negative signal for the stock price.