Banka BioLoo Limited — Board Meeting, 13-02-2025: Outcome of Board Meeting

The Board of Directors has approved the unaudited financial results for the quarter and nine months ended 31 December 2024, reporting a revenue from operations of ₹14.18 crore and a total income of ₹14.30 crore. The company incurred a net loss of ₹14.65 crore for the quarter, influenced by exceptional items and a provision related to a subsidiary's insolvency proceedings. Additionally, a corporate guarantee was extended to the subsidiary Megaliter Varunaa Private Limited for its credit facility. The company's paid-up equity capital remains at ₹108.47 crore.