ALPHA TRIBE

Grand Foundry LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 06:23 pm

Grand Foundry Ltd. 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 a consolidated net loss of ₹68.06 lakh for the year, widening from last year’s ₹56.50 lakh. Operating cash flows stayed negative, indicating persistent operational pressures. No dividends or fundraisings were declared. The audit came through clean, with Ashwani & Associates giving an unmodified opinion. Management is prioritizing operational efficiency amid challenging market conditions.

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