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Kush Industries LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 03:44 pm

Kush Industries Limited has announced a board meeting outcome where it approved the audited financial results for the year ended March 31, 2025. The company reported revenue from operations of Rs. 0.24 lakh and total income of Rs. 2.26 lakh for the quarter, with a loss before tax of Rs. 1.06 lakh. For the full year, revenue was Rs. 66.32 lakh with a net loss of Rs. 5.21 lakh, compared to a net profit of Rs. 227.08 lakh the previous year. The balance sheet shows total assets of Rs. 231.40 lakh and borrowings of Rs. 92.50 lakh. Cash and cash equivalents declined to Rs. 97.87 lakh from Rs. 333.61 lakh. The auditors issued an unmodified opinion confirming the accuracy and fair presentation of the financials. Related party transactions included inter-corporate deposits of Rs. 942.50 lakh and Rs. 46 lakh repaid, with executive remuneration disclosed.

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