Aksh Optifibre Limited — Important, 06-06-2025: Updates
06-06-2025 | 10:02 am
06-06-2025 | 10:02 am
Aksh Optifibre reported a standalone net loss of Rs. 20.11 Cr in FY25, driven by higher finance costs, exceptional expenses including doubtful debt provisions, and a duty liability dispute. Manufacturing remains loss-making, while services contribute modest profits. Management reclassified borrowings, reducing past interest expenses by Rs. 16.12 Cr, partially easing the impact. Promoter shareholding was reclassified by 3.7% to public. The board meeting has been announced to review the financial results for the quarter and half-year, alongside reappointments of key auditors and independent directors.
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