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Ballarpur Industries' Board has approved its financial results for the quarter ending June 30, 2025, reporting a net loss of ₹23.27 Cr. The company completed the third tranche of preference share allotment, issuing 28 lakh shares worth ₹28 Cr to Finquest Financial Solutions. Mr. Alok Prakash, CEO, has also been appointed as Whole Time Director. These actions reflect the new management's ongoing efforts to infuse funds and revive operations, despite financial challenges and significant assets, including ₹8 Cr from depot land sale, classified as held for sale.