Udayshivakumar Infra Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting
29-05-2025 | 09:45 pm
29-05-2025 | 09:45 pm
Udayshivakumar Infra Limited has announced a board meeting on May 29, 2025, approving the financial results for the quarter and year ended March 31, 2025. Consolidated revenue halved to ₹289.13 Cr from ₹577.15 Cr last year, with a net loss of ₹7.21 Cr against a prior profit of ₹30.13 Cr, pressured by rising expenses and finance costs. Total assets rose to ₹329.63 Cr, backed by investments in property and equipment. Operating cash flow stayed negative at ₹8.05 Cr. No dividend has been declared. Management remains confident about recovering GST claims despite audit concerns.
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