Pratiksha Chemicals Ltd — Results, 06-05-2025: Integrated Filing

Pratiksha Chemicals Limited 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 a significant portion as scrap, and resolved to sell its factory land. Going forward, it intends to focus solely on trading activities in plastic-related items. The latest results show total income of Rs. 610.82 lakh and a net loss of Rs. 766.47 lakh, reflecting the impact of discontinued operations and asset impairment. Auditor’s report highlights qualified opinion due to non-compliance with accounting standards on employee benefits and inventory valuation, and material uncertainty on going concern status given operational changes. Management is taking steps to align accounting practices and develop a viable business plan for trading activities.