Consolidated Construction Consortium Limited — Board Meeting, 28-07-2025: Outcome of Board Meeting
28-07-2025 | 08:03 pm
28-07-2025 | 08:03 pm
Consolidated Construction Consortium Ltd has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a profit of ₹6.25 Cr for the quarter. A key strategic move was the sale of its wholly-owned subsidiary, CCCL Infrastructure Limited, for ₹225 Cr, which resulted in an exceptional gain of ₹139.56 Cr. The company also updated that work on hand stands at ₹310.87 Cr. The auditors, however, issued a modified report, citing concerns including pending confirmations of dues and non-provision for potential interest/penalties on statutory dues.
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