Rushil Decor Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 01:54 pm
11-08-2025 | 01:54 pm
Rushil Decor has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue dipped to ₹179.16 Cr, and the company posted a net loss of ₹14.07 Cr. A significant ₹5.71 Cr foreign exchange loss was a key factor in the negative earnings.
On the operational front, a fire at their MDF plant in April temporarily halted production, but it's back up since May. Insurance claims are in process. The company also raised ₹14.70 Cr via warrant conversions, issuing 66.00 lakh new shares. Note: some warrants were forfeited, while a large block remains under a court-ordered 'status quo'.
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