STL Global Reports Q1 Loss, Announces Board Resolutions
STL Global Limited reported a net loss of Rs 9.55 lakhs for Q1 ended June 30, down from Rs 12.03 lakhs loss in the same quarter last year. Revenue from operations increased slightly to Rs 2,511.73 lakhs. The board approved the re-appointment of Mr. Sanjiv Kumar Agarwal as Whole Time Director for 5 years from October 1, 2025, and appointed Mr. Vijay Bahadur as Secretarial Auditor for FY 2025-26 to FY 2029-30. The 28th AGM is scheduled for September 30, 2025, with book closure from September 24 to 30, 2025.
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STL Global Limited , a textile company, has reported its financial results for the first quarter ended June 30, along with several board resolutions. The company's performance and corporate actions were disclosed in a recent board meeting.
Financial Performance
STL Global reported a net loss of Rs 9.55 lakhs for Q1, compared to a loss of Rs 12.03 lakhs in the same quarter of the previous year. The company's revenue from operations increased marginally to Rs 2,511.73 lakhs from Rs 2,485.46 lakhs year-over-year.
| Particulars (Rs. in lakhs) | Q1 Current | Q1 Previous |
|---|---|---|
| Revenue from Operations | 2,511.73 | 2,485.46 |
| Total Revenue | 2,517.38 | 2,491.10 |
| Total Expenses | 2,525.55 | 2,503.13 |
| Profit/(Loss) before tax | (8.18) | (12.03) |
| Net Profit/(Loss) | (9.55) | (12.03) |
Key Corporate Actions
The board of directors approved several important resolutions during their meeting:
Director Re-appointment: Mr. Sanjiv Kumar Agarwal has been re-appointed as Whole Time Director for a period of 5 years, effective from October 1, 2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Secretarial Auditor Appointment: Mr. Vijay Bahadur, proprietor of M/s Vijay Mourya & Associates, has been appointed as the Secretarial Auditor for five years from FY 2025-26 to FY 2029-30, subject to shareholder approval.
AGM Date: The 28th Annual General Meeting is scheduled for September 30, 2025, to be held via video conference or other audio-visual means.
Book Closure: The Register of Members and Share Transfer Books will remain closed from September 24 to September 30, 2025 (both days inclusive) for the AGM.
E-voting: September 23, 2025, has been set as the cut-off date for e-voting for the AGM.
Management Commentary
While specific management comments were not provided, the financial results indicate a slight improvement in the company's performance compared to the same quarter last year, with a reduction in net loss despite marginally higher revenues.
STL Global Limited continues to operate primarily in the textile business, with only one reportable segment as per AS 108 - Operating Segments. The company's focus remains on its core operations as it navigates the current market conditions.
Investors and stakeholders will be looking forward to the upcoming AGM for further insights into the company's strategies and outlook for the remainder of the fiscal year.
Historical Stock Returns for STL Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.99% | -3.55% | -10.56% | -16.78% | -23.43% | +93.19% |
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