Master Chemicals Ltd — Updates, 30-06-2025: Company Update

Master Chemicals Limited has announced a board meeting on 28 May 2025, where it approved the financial results for the quarter and half-year ended 31 March 2025. The company reported a net loss of Rs. 17.08 lakh for the quarter and Rs. 1.71 Cr for the year, with total comprehensive losses of Rs. 22.21 lakh (quarter) and Rs. 2.22 Cr (year). The business remains non-operational with no revenue generation, and net worth is fully eroded, raising significant doubt about its ability to continue as a going concern. Cash and cash equivalents increased to Rs. 6.02 lakh. Trade payables rose to Rs. 10.73 Cr, reflecting ongoing liabilities. The statutory auditors issued a qualified opinion due to the material uncertainty on going concern but confirmed the audit compliance. The board authorized Director Vipul Agarwal to sign the financial results.