Gem Spinners India Ltd — Results, 30-05-2025: Result
30-05-2025 | 04:45 pm
30-05-2025 | 04:45 pm
Gem Spinners India Ltd has announced a board meeting on which approved the financial results for the quarter and half-year. The company reported a loss of Rs. 45.94 lakh for the year, widening from Rs. 58.39 lakh loss last year, with total expenses exceeding income. No operational income was recorded. The board appointed Ms. R. Rani as a Non-Executive Independent Woman Director and noted the Annual Secretarial Compliance Report. The company’s net worth remains negative due to accumulated losses, while cash flow showed improvement driven by long-term borrowings. The auditor issued an unqualified opinion, affirming fair presentation of financials and going concern status.
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