The State Trading Corporation of India Limited — Board Meeting, 28-10-2024: Outcome of Board Meeting

The State Trading Corporation of India Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2024. The company faced significant challenges, including being declared NPA by banks and ongoing litigation affecting its financial position. The total income for the period was ₹3,039.21 lakhs, while the profit before tax was a loss of ₹724.35 lakhs. Financial statements were prepared on a non-going concern basis, reflecting the company's uncertain future.