Dhatre Udyog Ltd — Board Meeting, 30-05-2025: Board Meeting

Dhatre Udyog Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025. The company reported revenue from operations of Rs. 144.59 Cr and net profit of Rs. 1.70 Cr for the year. The manufacturing operations at the existing plant were shut down due to obsolete machinery and high costs, with plans to sell or lease old assets and either set up a new plant or diversify into real estate by monetizing land assets. Plant and machinery valued at Rs. 4.33 Cr have been classified as held for sale. Trade receivables and payables await confirmation, and asset valuation reports are pending, leading to a qualified audit opinion. The company’s accounts have been prepared on a going concern basis despite these uncertainties. Ms. Ankita Dey and M/s. A. Ramchandra Rao & Co. have been re-appointed as secretarial and internal auditors respectively.