CMI board approves delayed December 2024 results amid debt resolution

On October 31, 2025, CMI's board approved unaudited results for the quarter and nine months ended December 31, 2024. Quarter revenue was Rs 4,399.89 lakh and nine-month revenue Rs 8,974.33 lakh; net loss was Rs 818.05 lakh and Rs 1,802.97 lakh. The review flags Rs 16,777.33 lakh of accumulated losses, fully eroded net worth, missing records and no opinion. CMI remains in a court-led debt resolution process with board powers suspended.