Raymed Labs Ltd — Board Meeting, 22-05-2025: Board Meeting

Cresanto Global Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The statutory auditor, M/s. K T P S & Co., issued an unmodified audit opinion on these results. The company reported total income of INR 51.73 lakhs for the year, expenses of INR 70.64 lakhs, and a loss of INR 18.05 lakhs, widening from the previous year's loss of INR 10.16 lakhs. Total equity stands at INR 1,342.735 Cr, with borrowings increasing significantly to INR 237.12 lakhs. Cash flows were impacted by operational losses and finance costs, but a sale of assets generated cash inflows. This reflects ongoing cash burn with increased debt, signaling a need for close monitoring by shareholders.