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Nimbus Projects LtdBoard Meeting, 12-08-2025: Board Meeting

12-08-2025 | 07:32 pm

Nimbus Projects' board has approved the financial results for the quarter ended June 30, 2025, following review by its Audit Committee. The company reported a consolidated net loss of Rs 35.57 Cr on revenue of Rs 169.42 Cr. Standalone net loss was Rs 1.00 Cr. Notably, the company recorded an exceptional income of Rs 15.72 Cr from a penalty reversal. Operationally, Nimbus was recognized as co-promoter for 'The Hyde Park' project, with Rs 234.96 Cr invested. The company has also progressed its amalgamation scheme, filing for listing of shares.

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