Vijay Textiles Ltd — Results, 15-07-2025: Result

Vijay Textiles has announced a board meeting on July 15, 2025, where it approved the financial results for the quarter and nine-month ended December 31, 2024. The board also re-appointed internal auditors and, following Audit Committee input, appointed new secretarial auditors for five years, pending shareholder approval. The company reported a net loss of ₹2.28 Cr for the quarter and ₹23.52 Cr for the year ended March 31, 2024. With ₹17.53 Cr in outstanding vendor dues and ₹1.20 Cr in statutory dues, the company also faced failed bank debt settlements of ₹79.60 Cr and court-ordered possession of its factory. Auditors noted significant uncertainty regarding its ability to continue as a going concern.