Elgi Rubber Company Limited — Important, 29-05-2025: Updates

Elgi Rubber has announced a board meeting on Aug 11, 2025. The Board approved reversing Rs.2.13 Cr interest income from overseas subsidiaries to support their financials. Loan repayment tenure extended for USA and Netherlands subsidiaries till 2030, and Brazil till 2034, boosting liquidity. No dividend declared for FY25. Standalone revenue rose to Rs.227.23 Cr, but the company posted a Rs.4.26 Cr loss due to exceptional items and higher expenses. Consolidated revenue hit Rs.383.92 Cr with a loss of Rs.4.36 Cr.