Mihika Industries Ltd — Board Meeting, 23-05-2025: Board Meeting

Mihika Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of ₹73.09 lakh for the quarter, compared to a profit of ₹21.15 lakh in the previous quarter, primarily due to higher expenses exceeding revenues of ₹54.70 lakh. For the full year, net profit stood at ₹45.46 lakh, up from ₹18.59 lakh the prior year. The company’s total borrowings are low at ₹0.16 Cr, confirming it is not classified as a large corporate. The statutory auditor has issued an unmodified audit opinion with no material qualifications.