ALPHA TRIBE

Lasa Supergenerics LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 05:32 pm

Lasa Supergenerics has announced a board meeting that approved the financial results for the quarter and half-year. The company posted a consolidated net loss before tax of Rs. 19.38 Cr, hit by a loss on the sale of two units and a factory fire that damaged inventories and assets. Despite these challenges, operations are ongoing. The company raised Rs. 1.75 Cr through share warrants during the year. Cash balances shrank to Rs. 0.28 Cr due to working capital pressures and higher provisions. Management is focused on recovery and rebuilding efforts following the fire.

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