Astron Paper & Board Mill Limited — Important, 29-05-2025: Updates

Astron Paper & Board Mill Ltd has announced a board meeting on the financial results for the quarter and half-year. The company reported a standalone net loss of Rs. 51.24 Cr and consolidated net loss of Rs. 56.71 Cr for the year. Operations are severely impacted by plant shutdowns since September 2024, leading to significant unused capacity. The company faces severe liquidity stress with eroded net worth and all bank loans classified as NPA. No provisions were made on loans to its loss-making subsidiary, adding to financial strain.