Rolta India Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 10:51 pm
30-05-2025 | 10:51 pm
Rolta has announced a board meeting on the approval of the financial results for the quarter and year ended March 31, 2025. The company reported a consolidated net loss of Rs. 26.07 Cr on total income of Rs. 14.40 Cr. The ongoing Corporate Insolvency Resolution Process (CIRP) dominates the backdrop, with a resolution plan approved by creditors pending NCLT approval. Key challenges include audit qualifications over asset impairments and liabilities, plus legal disputes with lenders. Operations continue under Resolution Professional oversight, with liquidity and net worth pressures. EPS stands negative at around Rs. 1.56 per share consolidated.
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