Raj Oil Mills Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting
07-02-2025 | 06:27 pm
07-02-2025 | 06:27 pm
The Board of Raj Oil Mills Ltd. has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Total income for the quarter stood at ₹30.86 Cr, while total expenses amounted to ₹29.41 Cr, resulting in a profit after tax of ₹1.12 Cr. The company reported challenges in settling payments to unsecured operational creditors and public fixed deposits, with outstanding dues of ₹0.68 Cr as of December 31, 2024, down from ₹0.73 Cr in the previous quarter. The board's decisions reflect ongoing efforts in financial restructuring amid operational difficulties.
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