Miven Machine Tools Ltd — Updates, 28-05-2025: Company Update

Miven Machine Tools Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported income from operations of Rs. 11.55 lakh for the quarter ended March 2025. It incurred a net loss of Rs. 61.31 lakh before and after tax during this period, compared to a net profit of Rs. 81.84 lakh in the same quarter last year. Earnings per share stood at a loss of Rs. 2.04 versus a profit of Rs. 2.72 previously. No changes were reported in other comprehensive income or reserves. This reflects continued challenges impacting profitability, signaling caution for investors.