Nibe Ordnance and Maritime Ltd — Results, 11-08-2025: Result
11-08-2025 | 06:57 pm
11-08-2025 | 06:57 pm
Nibe Ordnance and Maritime has approved its financial results for the quarter ended June 30, 2025. The company reported a consolidated net loss of ₹0.08 Cr, with total income at ₹1.41 Cr. Significantly, the company has confirmed no deviation in the utilization of funds from its ₹1.16 Cr Rights Issue. So far, ₹0.91 Cr has been used for expanding operations and covering issue expenses, with ₹0.25 Cr remaining. This update confirms prudent management of raised capital, crucial for future growth and shareholder trust.
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