Rolta India Limited — Board Meeting, 15-04-2025: Outcome of Board Meeting

On 29th November 2024, Rolta India Limited reported its audited standalone and consolidated financial results for the year ended March 31, 2023. The company is under corporate insolvency resolution process (CIRP), and significant net losses were recorded. Key financials include a net loss of ₹6,258.80 crores and deferred tax assets of ₹994.28 crores, although their realizability is uncertain. The total assets are reported at ₹3,731.03 crores, reflecting substantial liabilities and an erosion of the company's net worth. The management, under the Resolution Professional, aims to operate as a going concern and is focused on managing the ongoing CIRP process.