Rudra Ecovation Ltd — Results, 29-05-2025: Result

Rudra Ecovation Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025, with an unmodified audit opinion. The company reported operating revenue at Rs. 26.59 Cr with a net loss of Rs. 3.28 Cr for the year. Notably, Rs. 4.26 Cr of inventories were classified as slow moving and reclassified as non-current assets. The board approved a merger scheme with Shiva Texfabs Limited, pending regulatory approvals. The company continued to convert warrants into equity shares and invested significantly in Shiva Texfabs Limited to support its expansion ahead of the merger. Internal auditor Sanjay Kumar was re-appointed, and M/s Bhambri & Associates was appointed as secretarial auditor for five years, subject to shareholder approval.