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Eurotex Industries and Exports LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 05:53 pm

Eurotex Industries and Exports has announced a board meeting on August 7, 2025, where the financial results for the quarter ended June 30, 2025, were approved. The company reported a total income of ₹0.69 Cr and a net loss of ₹0.87 Cr. Strategically, the company affirmed the closure of its Kolhapur plants. The management has settled lender dues via promoter group funding and plans to develop its Kolhapur land, supporting a 'going concern' outlook. Post-quarter, Eurotex sold freehold land for ₹3.11 Cr, using proceeds to repay an outstanding secured loan.

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