Suvidha Infraestate Corporation Limited Reports Q3 FY2024-25 Financial Results

Ahmedabad, January 30, 2025​

Suvidha Infraestate Corporation Limited has released its unaudited financial results for the quarter ended December 31, 2024, reflecting continued operational challenges and financial pressures.

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Key Financial Highlights (Standalone)​

(₹ in lakh)​

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Segment Performance & Operational Insights​

• The company remains engaged solely in residential and commercial real estate construction.
• No significant business activity was recorded during the quarter, leading to zero revenue generation.
• The company continues to face high accumulated losses, and with no major economic activities currently undertaken, the virtual certainty of recouping these losses remains low.

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Financial Position & Liabilities​

• Debt-Free Status: The company reported no outstanding loans or debt securities as of December 31, 2024.
• No Related Party Transactions: There were no reportable related party transactions in the quarter.

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Management Commentary​

Kishore K. Goswami, Managing Director, stated:

"The company is facing a challenging phase with limited business operations. While we are evaluating strategies to enhance our financial position, we remain committed to regulatory compliance and financial prudence."

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Auditor's Review & Observations​

• The unaudited financial results are prepared as per Indian Accounting Standards (Ind AS).
• No material misstatements or deviations from disclosure norms were observed.
• Given the lack of significant revenue and high accumulated losses, the company’s ability to generate future earnings remains uncertain.

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Outlook & Strategic Considerations​

• The company is currently not engaged in major economic activities, raising concerns about future profitability.
• The absence of debt provides some financial flexibility, but sustained losses may impact long-term viability.
• Investors may closely watch the company’s strategic plans for revenue generation and potential business restructuring.

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Conclusion​

Suvidha Infraestate Corporation Limited's Q3 FY2024-25 results highlight continued financial struggles, with zero revenue and ongoing losses. Investors and stakeholders will await management’s plans for reviving operations and enhancing financial sustainability.