Please find enclosed copies of Newspaper advertisements pertaining to Audited Financial Results for the fourth quarter and financial year ended 31.03.2025, published on June 01, 2025 in ....
Awaiting price reaction for this filing.
Pact Industries Ltd has informed the stock exchanges that it published newspaper advertisements of its audited financial results for the fourth quarter and financial year ended March 31, 2025, in Savera Times (English) and Desh Sewak (Punjabi) on June 1, 2025. The company operates in two business segments: trading of steel, iron and textiles, and manufacturing of agricultural parts. The results were reviewed by the Audit Committee and approved by the Board on May 29, 2025. A key disclosure in the results notes that one of the company's credit facilities has been declared a Non-Performing Asset (NPA) by a bank, against which a 50% provision for interest has been made. Financial figures (in lakhs) appear to show a sharp year-on-year decline in revenue from operations for FY25 versus FY24, though numbers in the scanned document are partly garbled.
This is primarily a compliance filing — the audited results were already submitted earlier, and this is just the newspaper publication step. The NPA tag on a bank credit facility and the 50% interest provision are negative credit signals that shareholders should watch, as they may affect future borrowing costs and lender action.