SEL Manufacturing Company Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 08:04 pm
30-05-2025 | 08:04 pm
SEL Manufacturing has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of Rs. 130.72 Cr for FY25 on revenues of Rs. 33.15 Cr, impacted by operational shutdowns and liquidity stress. Total liabilities stand at Rs. 1,15,756.43 lakhs, with negative net worth of Rs. 209.11 Cr. Despite ongoing cash flow challenges and defaults on loans since Sept 2023, SEL has started job work operations at one unit. A new Company Secretary was appointed to strengthen compliance.
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