Dugar Housing Developments Ltd — Board Meeting, 30-05-2025: Board Meeting
30-05-2025 | 08:21 pm
30-05-2025 | 08:21 pm
Dugar Housing Developments Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The company reported a profit before tax of ₹3.50 lakh, a significant turnaround from a ₹20.26 lakh loss the previous year. Total assets stood at ₹24.98 lakh, with borrowings increasing to ₹110.51 lakh, reflecting higher reliance on debt. The auditors, M Sahu & Co., issued an unmodified opinion, confirming the accuracy and compliance of the financial statements. This suggests stable operations with cautious management of liabilities, important for investors monitoring the company’s financial health.
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