PFL Infotech Ltd — Board Meeting, 29-05-2025: Board Meeting

PFL Infotech has announced a board meeting to approve the financial results for the quarter and half-year. The company reported minimal revenue but incurred significant expenses, including an advances write-off of ₹566.26 lakhs, leading to a net loss of ₹34.74 lakhs for the year. Total equity stands at ₹8.17 lakhs, down from ₹42.91 lakhs the previous year. Cash and cash equivalents increased to ₹4.00 lakhs from ₹0.18 lakhs. The auditors issued an unmodified opinion, confirming the accuracy and compliance of the financial statements. The results highlight ongoing operational losses and balance sheet pressures.