BPL Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

BPL Limited has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue stood at INR 137 Cr with a slim profit before tax of INR 0.17 Cr, dragged down by a one-time legal settlement cost of INR 66 Cr. The company reported a consolidated net loss of INR 17.66 Cr, affected by outstanding preference shares from 2019. Despite operational delays, the subsidiary BPL Power Projects (AP) Pvt Ltd remains a going concern. Ajit G Nambiar was reappointed as CMD for three years, with independent directors’ terms also approved, pending shareholder nod.