Autoline Industries Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 06:00 pm
13-08-2025 | 06:00 pm
Autoline Industries has announced a board meeting on August 13, 2025, approving its Q1 FY25 consolidated financial results. Net Profit stood at Rs 0.51 Cr, a significant decrease from Rs 5.38 Cr last year, while total income was Rs 153.16 Cr. Key strategic moves include selling an 88.79% stake in subsidiary AIPL, resulting in a consolidated gain of Rs 6.98 Cr. The company also acquired a 98-year lease land for Rs 11.12 Cr, recognizing a Rs 7.48 Cr loan liability. Warrants worth Rs 22.55 Cr were converted to equity shares in June. Auditors issued a qualified opinion on Rs 5.97 Cr MAT credit, indicating unlikelihood of its utilization.
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