Garnet International Ltd — Updates, 31-05-2025: Company Update
Garnet International has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income from operations of ₹35.68 lakh for the quarter and ₹1,472.70 lakh for the year on a standalone basis, with consolidated figures showing ₹17.73 lakh for the quarter and ₹1,567.48 lakh for the year. The net profit after tax showed losses of ₹18.58 lakh consolidated for the year. Garnet operates in plastic molded and extruded goods and PVC mats manufacturing, with no outstanding secured or unsecured debt. The company’s financials and audit report are available on its website and stock exchange platforms.
Tata Capital Housing Finance Ltd and Hinduja Housing Finance Ltd have issued E-auction notices for sale of immovable properties due to recovery of outstanding dues, inviting bidders to participate online with specified reserve prices and earnest money deposits. These sales, conducted on “as is where is” basis, affect borrowers and guarantors in Pune and Kolhapur regions.
Other companies like Rathi Graphic Technologies Limited, Peninsula Land Limited, Weisshorn Realty Private Limited, Signpost India Limited, and Shoquba Realty Private Limited have announced audited financial results for their respective periods. Weisshorn and Signpost India report continued losses with negative net worth and high debt levels. Peninsula Land reported a net profit after tax of ₹161.60 lakh for the year. These financial updates impact shareholders' perspectives on operational performance and financial health.
