AJEL Ltd — Results, 10-07-2025: Result

Ajel Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a consolidated net loss of Rs. 165.95 lakh for the year, compared to a loss of Rs. 180.01 lakh previously. Revenue remained stable at around Rs. 1,364 lakh. Key concerns include a Rs. 5 crore loan declared as a non-performing asset due to non-payment, unresolved recoverability of Rs. 85.96 lakh in long-term loans, and inability to verify certain investments and receivables. An accounting error related to land depreciation was corrected, impacting retained earnings and deferred tax. The auditors issued a disclaimer of opinion citing insufficient evidence on several balances and goodwill valuation.