Facor Alloys Ltd — Board Meeting, 12-08-2025: Board Meeting
12-08-2025 | 07:43 pm
12-08-2025 | 07:43 pm
Facor Alloys has released its financial results for the quarter, reporting a net loss of ₹4.66 Cr. Revenue from operations remained minimal at ₹0.05 Cr, as plant operations have been temporarily shut since October 2023. The company is actively exploring options with corporate houses and lenders to resume operations, with promoter entities infusing funds. Notably, the consolidated results exclude a foreign subsidiary's financials due to unavailable information; the company has filed an EOW complaint regarding this. While standalone results received an unmodified audit conclusion, the consolidated audit opinion was disclaimed due to this scope limitation.
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