Alpha Tribe

Infomedia Press LimitedBoard Meeting, 16-04-2025: Outcome of Board Meeting

16-04-2025 · 07:17 pm

The Board of Directors of Infomedia Press Limited has approved the audited financial results for the quarter and year ended March 31, 2025. For the financial year, the company reported a loss of ₹373.30 crore, with an accumulated loss of ₹1,098.70 crore, resulting in a negative net worth. Although the company has discontinued its operations, it is exploring new business opportunities, supported by its holding company, Network 18 Media & Investments Limited. The financial results reflect ongoing challenges, but management's focus on potential new ventures could offer a path forward for shareholders.

No comments yet. Be the first to comment!

All announcements from Infomedia Press Limited