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Cerebra Integrated Technologies LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 09:01 pm

Cerebra Integrated Technologies has announced a board meeting outcome approving the consolidated financial results for the quarter and half-year. The company posted a hefty loss of Rs 47.26 Cr, hit by operating setbacks and a ₹19.95 Cr inventory write-down. Revenue dropped sharply to Rs 35.62 Cr from Rs 51.98 Cr year-on-year. Trade receivables remain elevated at Rs 148.39 Cr with heavy provisions for bad debts. The company is cutting back operations and staff amid cash crunch, while exploring cost reductions, revenue boosts, and fund-raising plans to shore up finances.

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