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Kothari Industrial Corporation Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of Rs 16.17 Cr for the year ended March 31, 2025. Key operations span trading in fertilizer, leather, hotel, and drone sectors, with strategic investments including 30% equity in Phoenix Kothari Footwear Limited for Rs 99.06 Cr and acquisition of Parveen Roadways for Rs 24.03 Cr (effective FY 2025-26). Retail expansion under the Kickers brand is underway with two exclusive showrooms opened. The company completed preferential share allotments raising Rs 188.87 Cr. Audit reports carry qualified opinions mainly due to missing confirmations on some balances, lack of stock valuation reports, unresolved land title documentation, unverified related party transactions, and an Rs 80 lakh government subsidy receivable pending documentation. Ongoing legal challenges involve land repossession in Nilgiris. Management remains confident in operational continuity and financial resource adequacy amid losses.