Cochin Malabar Estates & Industries Ltd — Board Meeting, 09-05-2025: Board Meeting

The Cochin Malabar Estates and Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported total income of ₹137.64 lakhs for the year, with net profit at ₹49.92 lakhs, improving from a loss in the previous year. Despite fully eroded net worth and current liabilities exceeding current assets, the company continues as a going concern based on development plans of its land assets in Goa and future profitability projections. Deferred tax assets of ₹56.26 lakhs were recognized considering carried forward losses. The statutory auditor issued an unmodified opinion on the audited results.