Shivam Autotech Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting
12-05-2025 | 05:22 pm
12-05-2025 | 05:22 pm
Shivam Autotech has announced a board meeting on the approval of the financial results for the quarter and half-year. The company posted revenue of Rs 107.84 Cr for the quarter and Rs 453.98 Cr for the year but reported a net loss of Rs 14.76 Cr quarterly and Rs 48.04 Cr yearly. Operating expenses continue to weigh on profits, though positive operating cash flow of Rs 77.39 Cr was generated for the year, aided by better working capital. The board approved re-appointment of internal and secretarial auditors, signaling focus on governance as it works on cost control and a turnaround.
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