CJ Gelatine Products Ltd — Updates, 02-06-2025: Company Update
Barclays Investments & Loans (India) Private Limited has announced a board meeting on May 30, 2025, to consider the financial results for the quarter and half-year. The company reported total revenue from operations of ₹1,056.02 million for the quarter ended March 31, 2025, up from ₹859.88 million in the same period last year. Net profit before tax dropped sharply to ₹5.60 million from ₹246.08 million, and net profit after tax declined to ₹2.91 million from ₹176.63 million year-over-year. Total debt rose to ₹3,564.76 Cr with a debt-to-equity ratio of 3.52, reflecting increased leverage. The company’s capital adequacy ratio stood at 23.72%. The drop in profitability despite higher revenues and increased leverage is a key focus for shareholders.
Bank of India’s Malvan branch issued a demand notice to borrower Saleem Hussain Shaikh for an outstanding cash credit loan of approximately ₹9.9 lakh. If unpaid within 60 days, the bank may take possession and auction the secured residential property. This could signal credit risk and asset recovery action in the local lending environment.
