ALPHA TRIBE

Patspin India LtdResults, 05-08-2025: Result

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.

No comments yet. Be the first to comment!

All announcements from Patspin India Ltd