Unitech International Ltd — Board Meeting, 31-05-2025: Board Meeting

Unitech International Ltd has announced a board meeting to approve the audited financial results for the year ended March 31, 2025. The company reported a net loss of Rs. 21.93 Cr for the year, widening from the previous year’s loss, on revenues of Rs. 5.03 Cr. Total expenses stood at Rs. 27.09 Cr. The balance sheet shows total assets of Rs. 11.81 Cr against liabilities mainly comprising borrowings of Rs. 2.78 Cr and current liabilities of Rs. 12.50 Cr, with negative net worth indicating erosion of capital. The auditor gave an unmodified opinion but highlighted material uncertainty on the company’s ability to continue as a going concern due to accumulated losses and negative working capital. Borrowings classified as non-performing assets remain unsettled, and confirmations from counterparties are pending. This situation signals financial stress, warranting close attention from shareholders.