Frontline Corporation Ltd — Others, 07-08-2025: Others
07-08-2025 | 03:01 pm
07-08-2025 | 03:01 pm
Frontline Corporation has announced its 36th Annual General Meeting, to be held via video conferencing. For the fiscal year ended March 31, 2025, the company reported revenue of Rs 103.96 Cr and a profit of Rs 2.89 Cr, driven by its transport, auto parts trading, and wind energy segments. The agenda includes re-appointing existing directors and a new independent director. Notably, auditors highlighted unprovided interest of Rs 6.72 Cr on Non-Performing Asset (NPA) accounts and ongoing legal disputes concerning asset possession. No dividend has been advised to conserve resources. Investors should monitor these financial and operational challenges.
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