Shivam Autotech Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Shivam Autotech has announced a board meeting on May 12, 2025, approving the financial results for the quarter and half-year. Quarterly revenue dipped to Rs 108.54 Cr from Rs 123.74 Cr year-on-year, with a net loss of Rs 14.76 Cr. For the full year, revenue was Rs 454 Cr against a net loss of Rs 48.04 Cr. High operating and finance costs remain a drag. No dividend was declared. The board reappointed internal and secretarial auditors as the company works through sustained losses amid steady revenue.