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Kothari Products LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 08:01 pm

Kothari Products Limited has announced a board meeting outcome with key updates: it approved consolidated financial results for the quarter and half-year, reporting total income of ₹1009 Cr and a consolidated net loss of ₹94 Cr for FY25, mainly due to associate losses. No dividend was proposed to conserve cash. The company strengthened its real estate presence by acquiring a 50% stake in Sai Veeran Agencies Pvt Ltd. M/s Adesh Tandon & Associates have been appointed as Secretarial Auditor for five years, pending shareholder approval. Operating performance shows strong trading revenue but drag from real estate and associates.

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