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National Oxygen Ltd has announced the outcomes of its board meeting, where the financial results for the quarter were approved. The company reported revenue from operations of Rs 7.50 Cr and a net loss of Rs 1.87 Cr. The board also approved the sale of 5.60 acres of commercial land for Rs 18.30 Cr. These proceeds were used to settle a term loan, significantly reducing financial liabilities and interest costs. Additionally, the company stopped operations at its Perundurai plant from May 13, 2025, citing severe competition and rising operating expenses, including power costs.