Cineline India Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting
12-05-2025 | 02:20 pm
12-05-2025 | 02:20 pm
Cineline India Limited has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to ₹210.62 Cr from ₹189.61 Cr last year, but the company reported a net loss of ₹17.62 Cr, weighed down by a ₹25.90 Cr exceptional loss on the sale of its subsidiary, R&H Spaces Pvt Ltd, valued at ₹270 Cr. Operating loss before exceptions was ₹10.93 Cr. The board approved issuing 38.46 lakh warrants to raise ₹45 Cr aimed at funding growth initiatives. Auditor’s report was clean.
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