North Eastern Carrying Corporation Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Northern Carrying Corporation Limited has announced a board meeting on May 28, 2025, approving the financial results for the quarter and year ended March 31, 2025. The company posted total income of Rs 329.44 Cr and a net profit of Rs 10.25 Cr, showing solid growth year-on-year. Operating expenses increased but remained controlled. The balance sheet remains robust with equity at Rs 219.06 Cr and manageable debt. Auditors flagged issues on doubtful debts and leased assets, but management insists these don’t affect recoverability or asset classification.