ALPHA TRIBE

A2Z Infra Engineering LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 08:11 pm

A2Z Infra Engineering has announced a board meeting approving the audited consolidated financial results for the quarter and year. The group posted total income of Rs. 357.86 Cr but recorded a net loss of Rs. 1.05 Cr for the year. Operations cover engineering services, facility management, and municipal solid waste management. The company is dealing with liquidity strains and significant accumulated losses of Rs. 1,075.69 Cr. Several loans are classified as NPAs, with ongoing settlement talks with lenders. Management remains hopeful about recovering customer dues and resolving debt challenges. The future of the Tanzania branch is still uncertain.

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