Sanwaria Consumer Limited — Others, 12-12-2024: Copy of Newspaper Publication
12-12-2024 | 03:57 pm
12-12-2024 | 03:57 pm
Sanwaria Consumer Limited has announced a board meeting on 14th November 2024 to review and discuss the unaudited financial results for the quarter ended 30th September 2024. The company reported revenue from operations of ₹26.55 crore, with a net loss of ₹90.76 crore for the quarter, consistent with previous periods. The company remains under Corporate Insolvency Resolution Process (CIRP) since May 2020, resulting in limited operational activities. This ongoing financial strain could weigh on investor sentiment, but stakeholders may see potential for recovery as the situation evolves under the resolution professional's oversight.
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