Pratiksha Chemicals Ltd — Results, 06-05-2025: Result

Pratiksha Chemicals has announced a board meeting on the financial results for the quarter and half-year. The company has discontinued its manufacturing operations, dismantled machinery, sold scrap, and created impairment provisions, while planning to focus solely on trading plastic-related items. Revenue for the year stood at Rs. 1,029.95 lakhs with a net loss of Rs. 766.47 lakhs and a negative net worth of Rs. 403.42 lakhs. Auditor raised qualified opinions citing non-compliance with inventory valuation and employee benefits accounting standards, and expressed material uncertainty over the company’s ability to continue as a going concern due to the operational shift. Management is committed to rectifying these issues and repositioning the business with a leaner model.