Facor Alloys Ltd — Results, 20-05-2025: Result

Facor Alloys has announced a board meeting approving the audited financial results for the quarter and year ended March 31, 2025. The company reported a net loss of ₹50.21 Cr for the year, impacted by continued suspension of manufacturing operations since October 2023, resulting in minimal revenues. Significant exceptional items include a ₹23.27 Cr loss from a claim by Tata Steel Limited and a ₹0.62 Cr profit from sale of excess anthracite coal inventory. The Board approved in principle asset monetisation starting with plant and machinery, subject to shareholder approval. Mr. Ashish Santosh Agrawal has been reappointed as Whole-time Director for three years. New Secretarial and Internal Auditors were also appointed. New management is actively exploring options to resume operations, supported by promoter funding.