Burnpur Cement Limited — Board Meeting, 09-07-2025: Outcome of Board Meeting
09-07-2025 | 06:28 pm
09-07-2025 | 06:28 pm
Burnpur Cement has announced a board meeting outcome approving the audited financial results for the quarter and year ended March 31, 2025. The company reported no operational revenue following the complete shutdown of its production units since November 2023. It posted a loss of Rs 1643.67 lakhs for the quarter and Rs 6660.72 lakhs for the year, heavily impacted by finance costs of Rs 1748.77 lakhs this quarter. Total assets stand at Rs 203.40 lakhs, with equity deeply negative at Rs -49440.85 lakhs due to accumulated losses. Management confirmed the company is not a going concern but is exploring strategic options like mergers or acquisitions to revive operations.
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