Containerway International Ltd — Results, 05-07-2025: Result
05-07-2025 | 10:02 pm
05-07-2025 | 10:02 pm
Indus Aluminium Recyclers Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported total income of ₹1,997.56 Lakhs for the year, with a net profit of ₹47.96 Lakhs. However, the statutory auditor issued a qualified opinion, highlighting a Rs. 300 Lakhs advance classified as a non-current financial asset without provision, potentially overstating profits and equity. Management is pursuing recovery through legal means but has not made provisions yet, expecting clarity in the coming year. Total equity stands at ₹1,098.87 Lakhs with borrowings of ₹349.35 Lakhs.
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