Newtime Infrastructure Ltd — Results, 30-05-2025: Result

Newtime Infrastructure Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company appointed Ritu Jain & Co. as internal auditors for FY 2024-25 and FY 2025-26. The Secretarial Compliance Report for FY 2024-25 noted delays in regulatory filings due to prior stock exchange suspension, but no penalties were imposed except a BSE fine of Rs. 1.09 lakh for delayed disclosure of a Company Secretary appointment, which was paid. The company generally complied with statutory provisions and maintains good corporate governance standards.

Auditors Chatterjee & Chatterjee confirmed the standalone and consolidated audited financial results showing a net loss for the year on a standalone basis but a consolidated net loss of Rs. 319.19 lakhs for the year ended March 31, 2025. An order by the Directorate of Enforcement led to provisional attachment of certain immovable properties and promoter shares, but management states there is no operational impact and the financial effect is not ascertainable. The company operates mainly in real estate and hospitality segments, with total consolidated revenues of Rs. 516.47 lakhs. EPS on consolidated basis was (0.06). The company issued bonus shares during the year and is seeking approvals for variation in preference share terms. Cash flow from operations improved notably over the prior year.