Alps Industries Limited — Results, 14-07-2025: Reply to Clarification- Financial results

Alps Industries has announced its financial results for the quarter and financial year ended March 31, 2025, while undergoing Corporate Insolvency Resolution Process (CIRP).

For the full financial year, the company reported a standalone net loss of ₹63.99 crore and a consolidated net loss of ₹63.88 crore. For the fourth quarter alone, standalone net loss was ₹16.32 crore, and consolidated net loss was ₹16.26 crore.

A significant point for investors: Auditors have noted that if a liability of ₹2129.17 crore (related to previously waived principal and interest on loans) had been accounted for, the standalone net loss for FY25 would jump to ₹2193.16 crore, and consolidated loss to ₹2193.05 crore. This highlights a major unaddressed financial obligation.

Total outstanding default on loans and revolving facilities stands at ₹668.19 crore, contributing to a total financial indebtedness of ₹891.70 crore. The company maintains discussions with lenders for debt restructuring and continues operations on a 'going concern' basis. Cash and cash equivalents were ₹1.88 crore (standalone) and ₹1.92 crore (consolidated) as of March 31, 2025, with additional bank balances of ₹7.50 crore.

The company has announced a board meeting on June 27, 2025, to approve the audited financial results for the year ended March 31, 2025. The trading window remains closed.