North Eastern Carrying Corporation Limited — Important, 28-05-2025: General Updates

North Eastern Carrying Corporation Limited has announced a board meeting on financial results for the quarter and half-year. The company posted a net profit of Rs. 10.25 Cr, up from Rs. 8.02 Cr last year, driven by higher operating income. Operating and finance costs remain substantial. The audit includes a qualified opinion due to no provision for doubtful debts, unrecognized right-of-use lease assets, and pending confirmations of some balances. Management asserts full recoverability of debtors and that leases are short-term.