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Genesys International Corporation LimitedOthers, 01-06-2025: Copy of Newspaper Publication

01-06-2025 | 07:51 pm

Inducto Steel Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s total income rose to Rs. 40.19 Cr from Rs. 20.73 Cr year-on-year, with net profit after tax turning positive at Rs. 0.06 Cr versus a loss earlier. However, the full year still showed a loss after tax of Rs. 37.19 Cr on Rs. 158.57 Cr income. Consolidated results align with standalone figures, indicating some recovery but ongoing annual losses.

Indian Bank issued a show cause notice to Isinox Limited and its directors for wilful default on a Rs. 40 Cr credit facility, citing fund diversion and repayment unwillingness. Non-performing loan dues stand at Rs. 41.05 Cr. Non-response may lead to adverse classification impacting credit and legal actions.

Canara Bank announced a public auction of pledged gold jewellery from a borrower defaulting on repayments, requiring Rs. 500 earnest money. The bank may alter or cancel the auction without notice.

Hardy's has announced a board meeting to consider the financial results for the quarter and half-year. Quarterly income rose to Rs. 25.33 Cr from Rs. 18.09 Cr, with net profit before tax increasing to Rs. 2.64 Cr from Rs. 1.26 Cr. EPS was a loss of Rs. 0.36 for the quarter. Full-year figures show Rs. 81.97 Cr income and Rs. 6.59 Cr net profit before tax, reflecting growth and better profitability year-over-year.

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