Coromandel Engineering Company Ltd — Results, 13-08-2025: Result

The company's board has approved the financial results for the quarter, reporting a revenue of **Rs 8.59 Cr** and a net loss of **Rs 0.73 Cr**. Additionally, the board approved the incorporation of a new wholly-owned subsidiary, 'CECL Urban Infra and Facility Services Private Limited', with a proposed authorized capital of **Rs 0.15 Cr**, aiming to diversify into construction, infrastructure, hospitality, and facility management. The appointment of M/s. Nithya Gokul & Associates as Secretarial Auditor for five years was also approved and is subject to shareholder vote. The board also noted the re-appointment of Dr. Ennarasu Karunesan as a Non-Executive Director. The 77th Annual General Meeting is set for September 18, 2025.