Net Avenue Technologies Limited — Others, 29-05-2025: Appointment

Net Avenue Technologies Ltd has announced a board meeting outcome approving the financial results for the quarter and half-year, showing a standalone net loss of ₹19.76 lakh with EPS of -₹0.92 per share (₹1 face value). Consolidated results reported a net loss of ₹19.49 lakh and EPS of -₹0.91. Cash flows from operations remained negative amid ongoing losses, though inventory and borrowings were reduced. The company operates in a single segment, has not adopted Ind AS, and reports no material uncertainties regarding its ability to continue as a going concern. M/s A K Jain & Associates was appointed as secretarial auditors.