Digjam Limited — Others, 28-05-2025: Appointment

Digjam Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025. The company posted a net profit of ₹3.65 Cr for the quarter, mainly from discontinued operations after shutting down its Jamnagar manufacturing facility. Assets worth ₹57.14 Cr are now classified as non-current assets held for sale. Despite a comprehensive loss of ₹10.44 Cr for the year and current liabilities exceeding current assets by ₹5.03 Cr, management is optimistic about recovery through asset sales, cost control, and strategic restructuring. New cost and internal auditors were appointed for FY 2025-26.