Innocorp Ltd — Board Meeting, 28-05-2025: Board Meeting

Innocorp Limited has announced a board meeting outcome approving the audited financial results for the quarter and year. The company reported no income from operations, with total expenses of ₹24.37 lakh for the year leading to a net loss of ₹37.64 lakh. Employee expenses and operating costs remain the main outlays. Other comprehensive income was nil. The company continues to operate at a loss with negative equity of ₹562.58 lakh. Cash and cash equivalents declined to ₹0.46 lakh by year-end. The auditor issued an unmodified opinion, confirming the financial statements give a true and fair view.