Olympic Cards Ltd — Results, 28-05-2025: Result

Olympic Cards Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported net sales of ₹940.89 lakhs for the year, with a net loss of ₹439.06 lakhs. No dividend has been declared. The business is focused on paper products, primarily wedding cards. The Board approved an interest-free loan of ₹7 Cr from directors for FY 2025-26 and related party transactions up to the same limit. There are pending GST and employee fund dues, with appeals filed on some. The auditor issued a qualified opinion due to lack of confirmations for trade receivables, payables, and related party loans totaling significant amounts but did not quantify impact. The company continues as a going concern.