Ludlow Jute & Specialities Ltd — Board Meeting, 22-05-2025: Board Meeting

Ludlow Jute & Specialities Limited 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 ₹300.90 Cr for the year, down from ₹475.52 Cr the previous year, with a net loss of ₹10.57 Cr versus ₹12.54 Cr last year. Key cost areas like materials and employee expenses declined in line with lower revenues. The board did not declare a dividend. A one-time actuarial provision reversal of ₹17.63 Cr was recorded under Other Comprehensive Income, helping reduce overall losses. The auditor issued an unmodified opinion, confirming the financial statements’ accuracy.