Loyal Textile Mills Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting

The Board of Directors of Loyal Textile Mills Limited has approved the standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2024. Revenue from operations for the quarter was ₹155.07 Cr, while total income stood at ₹158.70 Cr. The company reported a loss before tax of ₹33.57 Cr. Overall, for the nine months, the revenue was ₹536.43 Cr, with a loss of ₹99.84 Cr before tax. The company also noted the expected recognition of ₹40.92 Cr profit from the sale of non-core assets by the end of the financial year, which may assist in its debt reduction efforts.