MBL Infrastructure Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 08:25 pm
30-05-2025 | 08:25 pm
MBL Infrastructure reported consolidated revenue of Rs. 248.35 Cr and a profit of Rs. 169.49 Cr for the year. Exceptional gains of Rs. 278.42 Cr, mainly from reversal of past losses in three subsidiaries, significantly boosted earnings despite operational challenges. The company raised equity capital from Rs. 104.75 Cr to Rs. 122.53 Cr through share allotments to promoters and unsecured creditors. Surender Aggarwal was re-appointed as Executive Director, and Anjali Yadav & Associates secured a five-year term as secretarial auditor. MBL is actively managing arbitration matters but remains optimistic about investment recoveries.
No comments yet. Be the first to comment!
