ALPHA TRIBE

Mid India Industries LtdResults, 20-05-2025: Result

20-05-2025 | 05:21 pm

Mid India Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year ended 31st March 2025. The company reported total income of ₹689.16 lakh for the year, up from ₹632.17 lakh the previous year. However, it posted a net loss of ₹42.44 lakh compared to ₹11.79 lakh last year, with losses widening despite a revenue increase. The audited financial results received an unmodified opinion from the statutory auditors. The company’s net worth remains negative due to accumulated losses, raising concerns about its continuing operations.

No comments yet. Be the first to comment!

All announcements from Mid India Industries Ltd