Shrydus Industries Reports Zero Revenue for H1 FY2025, Expects Recovery in Second Half

Shrydus Industries Limited, a company engaged in trading various commodities, has reported no revenue from operations for the quarter and half-year ended September 30, 2025. This revelation comes as part of the company's unaudited financial results for the period.

Financial Performance

The company's financial performance for the first half of FY2025 paints a challenging picture:

Despite the absence of revenue, Shrydus Industries incurred total expenses of ₹9.52 crore during the first half of FY2025, resulting in a net loss of the same amount. This marks a significant change from the corresponding period last year when the company reported revenue of ₹451.25 crore and a higher net loss of ₹277.67 crore.

Auditor's Note and Management's Response

The company's auditors have noted the absence of revenue during the first six months of the fiscal year. In response, the management of Shrydus Industries has provided written confirmation that revenue generation is expected during the second half of the financial year.

Balance Sheet Highlights

As of September 30, 2025, Shrydus Industries reported:

• Total assets of ₹5,052.83 crore, slightly lower than the ₹5,062.15 crore reported at the end of the previous fiscal year (March 31, 2025).
• Equity share capital remained unchanged at ₹3,202.26 crore.
• Other equity stood at ₹1,846.55 crore, down from ₹1,856.07 crore at the end of FY2024.

Cash Flow Position

The company's cash and cash equivalents increased to ₹16.87 crore as of September 30, 2025, up from ₹0.95 crore at the end of the previous fiscal year. This improvement in liquidity may provide some buffer as the company navigates through its current challenges.

Looking Ahead

While the first half of FY2025 has been challenging for Shrydus Industries, the management's expectation of revenue generation in the second half suggests potential for improvement. Investors and stakeholders will likely be watching closely to see if the company can deliver on this projection and return to a revenue-generating position.

The company's ability to manage its expenses and potentially diversify its trading activities may be crucial in the coming months as it seeks to reverse the current trend of losses and capitalize on any emerging opportunities in the commodities trading sector.