Indus Aluminium Recyclers (formerly Containerway) reports FY26 net loss of Rs 222.33L
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Indus Aluminium Recyclers (formerly Containerway International) filed its 40th Annual Report for FY 2025-26. Revenue from operations dipped slightly to Rs 1,964.89L from Rs 1,997.56L. Expenses rose to Rs 2,303.25L, pushing the company to a net loss of Rs 222.33L against a profit of Rs 47.96L in FY25. No dividend was recommended. Several board changes occurred with new independent directors appointed. 40th AGM set for Sep 26, 2026 via video conferencing. A special resolution seeks to raise the borrowing limit to Rs 200 Crore to support business expansion.
Company swung to a net loss in FY26 as expenses outpaced revenue. Higher borrowing cap signals expansion but also increases future debt and interest burden.