Eastern Silk Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Eastern Silk Industries has announced a board meeting to approve the financial results for the quarter and half-year. Revenues stood at Rs 25.49 Cr with a net profit of Rs 3.96 Cr. The balance sheet shows total assets and liabilities of Rs 150.52 Cr and net worth of Rs 62.27 Cr. The company completed major restructuring, including write-offs and a Rs 1 Cr capital infusion. While two payment tranches under the resolution plan have been received, the final Rs 39.72 Cr tranche is still pending, posing risks to timely fund flow. Management remains optimistic about the turnaround.