Eurotex Industries and Exports Limited — Important, 07-11-2024: Financial Result Updates

Eurotex Industries and Exports Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2024, revealing significant losses. The company continues to operate under a going concern basis despite challenging financial circumstances, including discontinued manufacturing operations and accumulated cash losses. Management is exploring ways to revive operations and is in discussions regarding potential land development at its Kolhapur facility. The Limited Review Report from auditors Lodha & Co. was also approved by the board.