Outcome of the Board Meeting held on 07th August, 2025 for the approval of the un-audited Financial results for the quarter ended June 30, 2025
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Infra Industries' board approved unaudited Q1 FY26 results showing revenue from operations of ₹61.50 lakhs, down sharply from ₹122.96 lakhs in Q1 FY25 (a ~50% YoY decline). The company reported a net loss of ₹40.84 lakhs, though this is an improvement from the ₹216.89 lakh loss in the year-ago quarter. Statutory auditors Karnavat & Co. issued an unqualified limited review report with no qualifications. Notably, the company's equity shares remain suspended from trading on BSE due to procedural reasons, and a fresh NCLAT order dated July 15, 2025 (modifying the earlier NCLT order from March 2023) requires the company to increase public shareholding, with the relisting application currently under process with BSE.
Persistent losses and a sharp revenue contraction signal continued operational stress, while the ongoing trading suspension and NCLAT-mandated public shareholding increase highlight unresolved compliance and corporate governance issues that weigh heavily on shareholder value and liquidity.