Western Ministil Ltd — Results, 08-08-2025: Result

Western Ministil's Board has approved its quarterly financial results. The company reported a net loss of 0.05 Cr for the quarter. Auditors highlighted critical concerns: interest of 0.03 Cr for the quarter and an accumulated 2.78 Cr since 2001 on related party loans were not accounted for, understating losses. More critically, auditors expressed significant doubt about Western Ministil's ability to continue as a going concern, citing accumulated losses exceeding capital, current liabilities surpassing assets, and no active business operations. This signals severe financial distress for the company.