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Groarc Industries India LtdBoard Meeting, 10-07-2025: Board Meeting

10-07-2025 | 06:26 pm

Groarc Industries India Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The company reported a revenue of Rs. 78.53 lakhs with a net loss of Rs. 187.64 lakhs for the quarter. Inventory stood at Rs. 23.66 Cr and trade receivables at Rs. 9.28 Cr. Cash and cash equivalents dropped significantly to Rs. 5.69 lakhs from Rs. 19.94 Cr previously. The company’s equity remains at Rs. 204.67 Cr with retained earnings at a negative Rs. 86.03 Cr. Operating cash flow was negative at Rs. 2264.91 lakhs, reflecting working capital pressures. The board approved e-voting for the upcoming AGM and appointed a scrutinizer for the process.

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