Sudal Industries reported a total income of 53.18 Cr and a net profit of 3.13 Cr for the recent quarter.

Earnings per share stood at 3.75. A significant operational update involves the resolution of past financial obligations.

The company paid off secured and unsecured creditors and wrote back liabilities totaling 125.41 Cr, as directed by a tribunal order.

This followed a Supreme Court stay on a previous appellate tribunal decision, leading management to believe in a favorable outcome, thus supporting a going concern basis for these results.