TCI Industries Ltd — Board Meeting, 09-05-2025: Board Meeting

TCI Industries Limited has announced a board meeting on May 9, 2025, during which it approved the audited financial results for the quarter and year ended March 31, 2025. The company reported a net loss of Rs. 85.95 lakh for the quarter and Rs. 224.03 lakh for the year, with total income of Rs. 114.06 lakh (Q4) and Rs. 296.17 lakh (annual). The loss reflects ongoing challenges in its core business of providing space for film shootings, rentals, TV serials, and advertisements. During the year, TCI Industries issued 74,915 0% Non-Convertible Redeemable Preference Shares at Rs. 400 each, classified as equity based on legal advice. The company’s auditor, V. Singhi & Associates, issued an unmodified opinion confirming the accuracy of the results.