Williamson Magor & Company Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Williamson Magor has announced a board meeting outcome approving the consolidated financial results for the quarter and year ended March 31, 2025. The company reported a consolidated net loss of Rs. 229.87 Cr for the year, widened sharply from last year’s Rs. 39.39 Cr loss, driven by heavy provisions for doubtful assets (Rs. 271.53 Cr) and claims against guarantees. Revenue stood at Rs. 4.75 Cr, but significant impairments led to deep losses. Net worth remains negative at Rs. 227.51 Cr. The company defaulted on debt repayments and is negotiating with lenders. Management remains confident about improving liquidity with lender and promoter support. No dividend or fundraising planned.