ALPHA TRIBE

Aerpace Industries LtdBoard Meeting, 14-05-2025: Board Meeting

14-05-2025 | 10:23 pm

Aerpace Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported consolidated revenue of ₹59.44 lakh for the year, with employee expenses and other costs rising significantly. It posted a consolidated loss of ₹7.39 Cr for the year, widening from ₹1.65 Cr the previous year. Key assets grew sharply due to investments in capital work-in-progress and intangible assets under development, totaling ₹66.29 Cr. The company has appointed M/s Rohit Gondhiya & Associates as Internal Auditor for FY 2025-26. Aerpace has advanced its aerShield defence drone projects, unveiling indigenous UAV platforms (aerRecon ARM-5, ARM-10, and aerReaper AMMO-R7) designed for surveillance and tactical engagement, positioning itself for export markets and strategic defence autonomy. An unmodified audit opinion was received on both standalone and consolidated results.

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