Bharat Road Network Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting
13-05-2025 | 08:13 pm
13-05-2025 | 08:13 pm
Bharat Road Network Limited has announced a board meeting on the audited consolidated financial results for FY25. The group posted revenue of Rs. 27,428 Cr but reported a net loss of Rs. 113.23 Cr, hurt by Rs. 231.16 Cr impairment on a subsidiary. High finance costs and operational expenses highlight ongoing stress and debt defaults. Control over Solapur Tollways Pvt. Ltd. has ended due to insolvency. The company is exploring restructuring loans of Rs. 193.58 Cr and assessing subsidiary Guruvayoor Infrastructure’s situation. Despite audit qualifications and legal issues, the firm remains a going concern.
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