Electrotherm (India) Limited — Important, 29-07-2025: General Updates

Electrotherm (India) reported Q1 financial results: Revenue at Rs 834.05 Cr, Net Profit at Rs 27.75 Cr. The Board approved re-appointment of key Managing Directors and a reclassification of authorized share capital to simplify the equity structure. A Rs 75 Cr technical consultancy agreement for two years was greenlit to upgrade its Engineering & Technologies Division.

**Investor Alert:** Auditors issued a qualified opinion due to the non-provision of Rs 46.50 Cr interest on NPA loans for the quarter, understating total liabilities by Rs 1259.15 Cr. Significant litigation regarding customs duty and frozen assets continues. Subsidiaries also face material going concern uncertainties.