Graviss Hospitality Ltd — Board Meeting, 13-08-2025: Board Meeting
13-08-2025 | 11:57 am
13-08-2025 | 11:57 am
Graviss Hospitality has announced that its Board approved the financial results for the quarter ended June 30, 2025. The company reported a standalone net loss of 1.76 Cr and a consolidated net loss of 2.22 Cr. A key point for investors is the accumulated losses in three subsidiaries exceeding their net worth. However, management believes these subsidiaries will secure regular orders and pursue alternative business plans, ensuring no reduction in investment value and good loan recovery. This financial update is vital for stakeholders.
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