Oswal Greentech Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 03:11 pm
07-08-2025 | 03:11 pm
Oswal Greentech has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a Profit After Tax of Rs 6.66 Cr and total income of Rs 27.60 Cr for the quarter. Basic EPS stood at Rs 0.26.
Notably, the company is involved in a dispute over Inter Corporate Deposits (ICD), leading to an understatement of interest income by Rs 10.59 Cr and current assets by Rs 85.65 Cr this quarter. An arbitration award of Rs 97.17 Cr was received against a Rs 472.12 Cr claim, a significant shortfall of Rs 374.95 Cr. The company is evaluating its next steps.
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