NRB Industrial Bearings Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting

NIBL's board has approved its Q1 FY26 consolidated financial results. For the quarter ending June 30, 2025, the company posted revenue from operations of Rs. 18.55 crore, with a loss after tax of Rs. 5.09 crore.

Important for investors: NIBL has a negative net worth of Rs. 28.92 crore and Rs. 5.74 crore in net current liabilities. Management has strategic plans to boost profitability, backed by promoter financial support, aiming to ensure 'going concern'.

The board also cleared Ms. Harshbeena S. Zaveri's reclassification from promoter to public shareholder (she holds no shares), pending approvals.