Newspaper publication
Awaiting price reaction for this filing.
Fraser and Company Limited has submitted to BSE and Calcutta Stock Exchange copies of newspaper advertisements containing its audited financial results for the quarter and full year ended March 31, 2025, in compliance with SEBI Listing Regulations. For Q4 FY25, the company reported total income from operations of just Rs. 0.08 million and a net loss after tax of Rs. 6.09 million. For the full FY25, total income was Rs. 3.09 million against a net loss after tax of Rs. 15.77 million, with a basic EPS of Rs. (1.94). The company operates in a single segment — supply of construction and real estate related materials. Management disclosed that it has filed an NCLT application to recover Rs. 61.24 million in receivables and another Rs. 11.75 million receivable is under CIRP process. During the year, it wrote off Rs. 9.82 million in irrecoverable loans and advances while reversing Rs. 2.77 million in liabilities.
The company continues to report losses with negligible revenue, raising concerns about operational viability. The NCLT proceedings and large write-offs signal asset quality issues. This filing is procedural compliance rather than new news, but the underlying results point to significant financial stress for shareholders.