ARSS Infrastructure Projects Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 07:57 pm
11-08-2025 | 07:57 pm
ARSS Infrastructure Projects, currently undergoing Corporate Insolvency Resolution Process (CIRP), has announced its Q1 financial results. For the quarter ended June 30, 2025, the company reported a consolidated net loss of Rs 115.54 Cr on revenues of Rs 18.68 Cr. A major factor in the loss was a Rs 110.48 Cr write-off from an arbitration award settlement. Auditors issued a qualified opinion regarding contract surplus/loss recognition. The Annual General Meeting (AGM) is scheduled for September 24, 2025, via video conferencing. Shareholder approval will be sought for the appointment of Secretarial Auditors, and Cost Auditors for FY26 were appointed.
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