AJR INFRA AND TOLLING LIMITED — Board Meeting, 31-05-2025: Outcome of Board Meeting

AJR Infra and Tolling has announced a board meeting outcome approving the audited consolidated financial results for the quarter and year ended March 31, 2025. The company posted revenue of Rs. 34.61 Cr and a hefty profit of Rs. 561.06 Cr for the year, boosted by a big gain from deconsolidating six subsidiaries. However, severe liquidity stress looms with current liabilities exceeding current assets by Rs. 20,855 Cr. Several key SPVs are embroiled in legal and operational issues, impacting cash flows, which remain negative at Rs. 78.18 Cr. Strategic moves include transferring control of Indira Container Terminal while retaining a 16.29% stake, and ongoing settlement talks on stressed projects. Investors should watch for litigation outcomes and liquidity updates closely.