National Oxygen Ltd — Board Meeting, 29-05-2025: Board Meeting

National Oxygen Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported a net loss of Rs 700.22 lakh for the year, wider than the previous year's Rs 323.27 lakh loss, with revenues of Rs 4086.07 lakh versus Rs 4525.90 lakh earlier. Operating losses were impacted by steady expenses, including employee costs and financial charges. The company sold 5.60 acres of commercial land for Rs 8.01 Cr and has utilized sale proceeds to repay term loans, reducing financial liabilities and interest costs significantly. New appointments include R. Bala Subramanian as internal auditor and M/s Lakshmmi Subramanian & Associates as secretarial auditors for five years. The statutory auditors issued an unqualified opinion on the audited results.