Elecon Engineering Company Limited — Others, 02-06-2025: Copy of Newspaper Publication

Elecon Engineering Company Limited has announced a board meeting to consider the financial results for the quarter and half-year. Indium Software (India) Private Limited has also announced a board meeting for approval of the financial results for the same periods. Indium reported consolidated total income of Rs. 692.35 Cr for the year, with a net profit before tax of Rs. 21.05 Cr and net profit after tax of Rs. 2.90 Cr. Advance Syntex Limited posted a net loss of Rs. 17.52 lakh for the quarter due to the absence of multiple business segments. Additionally, banks including Bank of India and State Bank of India have started possession and recovery actions on several properties due to borrower defaults, underscoring ongoing credit risks and asset recovery efforts.