Amit International Ltd — Results, 05-07-2025: Result

Amit International Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total assets of Rs 200.35 Cr and equity of Rs 197.38 Cr as of March 31, 2025, largely stable year-over-year. Cash and cash equivalents stood reduced at Rs 26.67 lakhs. The auditor’s report expressed a qualified opinion due to interest not charged on certain loans, doubtful advances of Rs 2.32 Cr to Topson Iron Ore India Pvt Ltd with no provision made, and non-compliance with some regulatory and accounting standards such as internal audits and employee benefits provisioning. Despite these, the auditor issued an unmodified opinion on the annual audited financials. This signals cautiousness on asset recoverability and accounting practices but no critical threat to the company’s ongoing operations.