Patspin India Ltd — Results, 05-08-2025: Result
05-08-2025 | 05:05 pm
05-08-2025 | 05:05 pm
PATSPIN INDIA's Board has announced key outcomes from its recent meeting. The company reported financial results for the quarter with a total revenue of Rs 11.43 Cr and a net loss of Rs 2.36 Cr. Incurring a cash loss of Rs 1.62 Cr and eroded net worth, accounts are sub-standard. The company aims to resume cotton yarn manufacturing due to improved demand. A debt restructuring plan for lenders, including moratoriums and fresh working capital, is under consideration, validated by a viability study. Shri B.K. Patodia retired as Chairman, with Shri Umang Patodia taking over. The 34th AGM is scheduled for September 29.
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