Results filed for Q1-Q3 FY25; post-CIRP, posts profit turnaround

Going ConcernResults View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

Board approved unaudited results for Q1 to Q3 FY25 ending Dec 2024. Q3 standalone revenue Rs 161.16 lakh, PAT Rs 17.09 lakh vs loss of Rs 59.57 lakh YoY. 9M FY25 PAT Rs 35.21 lakh vs loss of Rs 44.22 lakh. Company exited CIRP in Dec 2024 with NCLT-approved resolution plan. Standalone net worth deeply negative at Rs (11,999) lakh.

Likely market impact

Turnaround to profit post-CIRP is positive, but deeply negative net worth signals financial weakness; re-listing process underway.