KIOCL Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

KIOCL Limited has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025. The company posted a consolidated net loss of ₹204.58 Cr, widening from ₹83.31 Cr the previous year, impacted by a 232-day shutdown amid challenging markets. Revenue plunged to ₹590.52 Cr from ₹1854.34 Cr. No dividend was declared. Operations focus remains on pellet and pig iron plants, while the company awaits forest lease clearance to resume mining. The audit concluded with a clean opinion.