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AI Champdany Industries LtdBoard Meeting, 13-08-2025: Board Meeting

13-08-2025 | 04:44 pm

AI Champdany Industries has announced a board meeting where it approved the financial results for the quarter. The company reported revenue from operations of Rs 35.47 Cr, a significant increase from Rs 10.71 Cr in the prior year's same quarter. Net loss for the quarter reduced to Rs 8.41 Cr, an improvement from Rs 10.53 Cr previously. The company is actively overhauling its Flax Unit with new machinery, expecting it to be operational by year-end. A Rs 1 Cr loss claim was made due to a recent fire. The company also faces an ongoing legal dispute with a minority shareholder regarding management control.

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