GVK Power & Infrastructure Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

GVK Power & Infrastructure Ltd. has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a total income of ₹8.12 Cr, with a significant consolidated net loss of ₹1,377.36 Cr. This substantial loss primarily stems from an exceptional item of ₹1,041.58 Cr due to the deconsolidation of its subsidiary, GVK Energy Limited, which entered Corporate Insolvency Resolution Process (CIRP). The company itself remains under CIRP, facing accumulated losses and substantial liabilities. Auditors have expressed significant doubt on the company's ability to continue as a going concern, citing various ongoing legal and financial challenges related to its projects and guarantees.