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TMT India LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 10:10 pm

TMT (India) Limited has announced a board meeting outcome where the financial results for the quarter and half-year were approved. The company reported a net loss of Rs. 45.98 lakhs for the year versus Rs. 34.31 lakhs loss the previous year. Total comprehensive income stood at a negative Rs. 39.09 lakhs. Cash flow from operations remained negative at Rs. 29.68 lakhs, partially offset by borrowings of Rs. 29 lakhs. The company also approved the resignation of Whole-time Director Mr. Venu Krishna Kishore Babu Pasam due to personal commitments. Auditors issued an unmodified opinion on these results. Notably, an investment fraud involving Rs. 5 lakh shares in Sree Rayalaseema Alkalies is under dispute and being pursued legally.

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