Mcleod Russel India Limited — Board Meeting, 13-02-2025: Outcome of Board Meeting

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key figures include total income of ₹1,02,378 Cr and a loss before tax of ₹(3,759) Cr. The company reported significant operational challenges, with revenue impacted by unfavorable weather conditions and ongoing financial stress. Inter-Corporate Deposits totaling ₹2,76,109 Cr remain outstanding, with significant provisions made for potential recoverability issues. The management is committed to exploring resolutions for debt obligations and restructuring initiatives to enhance financial stability.