Bharat Road Network Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 08:14 pm
12-08-2025 | 08:14 pm
BRNL's board has approved the financial results for the quarter ending June 30, 2025. Consolidated profit stood at Rs. 13.35 Cr.
Auditors issued a qualified opinion and flagged a material uncertainty on going concern, citing unrecognised interest of Rs. 10.38 Cr (parent) & Rs. 3.65 Cr (subsidiary) impacting financials, plus repayment defaults and significant losses. They also noted ongoing legal matters for subsidiaries/associates regarding asset freezes and project termination claims. The company also announced its Annual General Meeting on September 26, 2025, and appointed a new Secretarial Auditor.
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