Godavari Biorefineries Limited — Others, 08-08-2025: Monitoring Agency Report

Godavari Biorefineries' monitoring agency report for the quarter ended June 30 indicates efficient utilization of its Rs. 325.00 crore IPO proceeds, with Rs. 322.80 crore already deployed. A minor reclassification of Rs. 1.46 crore from issue expenses to general corporate purposes was approved by the board based on a legal opinion. The company recorded a net loss for the year, largely attributed to a one-time notional deferred tax liability of Rs. 24 crore. This liability arose from recent changes in income tax regulations impacting accounting for land revaluation.