KG Denim Ltd — Updates, 01-06-2025: Company Update

K G Denim Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a standalone total income from operations of Rs. 107.82 Cr and a net loss after tax of Rs. 12.05 Cr for the quarter ended March 31, 2025. A loan restructuring under a five-year plan is underway, with principal and interest moratorium for one year and repayment over the remaining period. The company plans to sell non-core assets worth Rs. 100 Cr to improve liquidity, having already realized Rs. 5 Cr from land sale. Trade creditors stand at Rs. 111.62 Cr, with ongoing negotiations for outstanding dues of Rs. 22.52 Cr.