Dr Lalchandani Labs Ltd — Board Meeting, 01-05-2025: Board Meeting

Dr Lalchandani Labs Ltd. has announced a board meeting on May 1, 2025, where it approved the audited standalone financial results for the year ended March 31, 2025. The company reported total revenue of Rs. 445.38 lakhs and a net profit of Rs. 41.72 lakhs for the year. Despite a positive cash balance and profit, the auditor highlighted defaults on principal and interest repayments on term and unsecured loans, along with unpaid statutory dues like PF, ESIC, and TDS. The company recorded a one-time settlement gain of Rs. 12.13 lakhs with lenders. Audit qualifications remain due to non-confirmation of receivables and absence of doubtful debt provisions, but management states adjustments have been made where quantifiable.