ALPHA TRIBE

NK Industries LimitedOthers, 08-08-2025: Change in Management

08-08-2025 | 05:12 pm

N.K. Industries' board has approved its financial results for the quarter ended June 30, 2025, and re-appointed Mr. Snehal Patel as an Independent Director for a second five-year term. For the quarter, standalone total income was Rs 0.74 Cr with a net loss of Rs 0.21 Cr. Consolidated total income was Rs 3.92 Cr with a net loss of Rs 0.69 Cr. Auditors highlighted significant unquantified liabilities from ongoing legal matters, including an alleged Rs 937 Cr claim and asset attachments, impacting the "going concern" assumption despite management's confidence in business revival.

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