Jayaswal Neco Industries Limited — Others, 18-07-2025: Shareholders meeting

Jayaswal Neco Industries reported strong financial results for the quarter ended June 30, 2025. Revenue from operations rose to ₹1,649.35 Cr, up from ₹1,437.56 Cr year-over-year. The company posted a profit of ₹93.02 Cr, a significant improvement from a ₹31.68 Cr loss in the comparable prior period. The Board also approved the 52nd Annual General Meeting on September 10, 2025, via video conferencing. Previously, provisional attachments of properties worth ₹307.58 Cr by the ED were set aside by the Appellate Tribunal, and a CBI Court discharged the company from money laundering charges. Though the ED has appealed, the company has agreed not to push for immediate release of these properties for now.