Classic Filaments Ltd — Results, 08-05-2025: Result

Classic Filaments Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported zero revenue, with expenses mainly comprising employee benefits and other costs, resulting in a loss of ₹10.96 lakh for the year, worsening from a loss of ₹9.98 lakh the previous year. The balance sheet shows total assets of ₹744.84 lakh against liabilities mainly from borrowings and trade payables. Cash and cash equivalents declined sharply to ₹3.71 lakh from ₹70.89 lakh. The auditors issued an unmodified opinion, noting ongoing tax assessments related to past purchases that are unlikely to impact current results materially. Qualified borrowings increased to ₹0.275 Cr during the year.