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Minaxi Textiles LtdResults, 15-05-2025: Integrated Filing

15-05-2025 | 06:15 pm

Minaxi Textiles Ltd. has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of Rs. 2945.59 lakh with a loss before tax of Rs. 69.14 lakh and a net loss of Rs. 52.77 lakh for the year. The loss is after absorbing higher finance costs of Rs. 164.38 lakh. The company completed a debt restructuring earlier, which has reduced future interest outflows and extended repayment schedules. Cash flows from operations improved to Rs. 339.88 lakh, supporting near-term obligations. The audit report by Parth R. Shah & Co. is unmodified and the financials are prepared on a going concern basis.

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