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Flexituff Ventures International LimitedBoard Meeting, 14-02-2025: Outcome of Board Meeting

14-02-2025 | 02:56 pm

Flexituff Ventures International Limited has announced a board meeting to review the financial results for the quarter and half-year, detailing key financial insights. The company reported a net loss after tax of Rs 57.60 lakhs for the associate, reflecting the overall performance of consolidated entities. Additionally, a significant gain of Rs 16,585.09 lakhs was booked on restructuring FCCBs. The firm completed a Business Transfer Agreement for the Flexible Intermediate Bulk Container business, realizing a profit of Rs 37,760.22 lakhs. The financial implications highlight positive strategic moves amidst ongoing challenges.

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