ZUARI INDUSTRIES LIMITED has informed the Exchange regarding Board meeting held on August 12, 2025.
ZUARIIND · price
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Zuari Industries' board, meeting on August 12, 2025, approved unaudited Q1FY26 results (quarter ended June 30, 2025). On a standalone basis, the company reported revenue from operations of Rs 21,026.66 lakhs and a net loss of Rs 388.64 lakhs (EPS of Rs -1.30), including a Rs 448.49 lakhs exceptional impairment in its furniture subsidiaries (IFPL and FFPIL). On a consolidated basis, revenue from operations rose to Rs 25,745.80 lakhs, with a marginal net loss of Rs 47.68 lakhs (EPS Rs 0.02), cushioned by a Rs 3,460.56 lakhs share of profits from associates and joint ventures. The board also approved re-appointment of statutory and cost auditors, appointment of new secretarial and internal auditors, shifting of the registered office from Goa to Haryana, amendment of MOA/AOA, and extension of Rs 60 crore inter-corporate deposits to associate Zuari Agro Chemicals for one more year.
The standalone loss driven by furniture subsidiary impairments points to continued stress in that segment, though the consolidated picture was supported by associate company earnings. The office shift, MOA/AOA changes, and auditor re-appointments are largely administrative and unlikely to move the stock, while the SEBI show-cause notice and UP excise demand (Rs 475.90 lakhs) remain watch-items.