ALPHA TRIBE

Ind Bank Housing LtdBoard Meeting, 23-04-2025: Board Meeting

23-04-2025 | 04:03 pm

Ind Bank Housing Ltd. has approved its audited financial results for the financial year ending March 31, 2025. The company reported a net loss of ₹30.71 crore, an improvement from the previous year's loss of ₹69.05 crore. Total revenue for the year was ₹27.65 crore, with other income contributing ₹8.61 crore. Cash flow from operating activities saw a substantial recovery. The results were audited by A.R. Krishnan & Associates, confirming a clean audit opinion. Investors should note the ongoing challenges as the company navigates a precarious financial position, indicating potential risks amidst operational restructuring.

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