Autoline Industries Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 06:39 pm
13-08-2025 | 06:39 pm
Autoline Industries has announced a board meeting where its financial results for the quarter ended June 30, 2025, were approved. The company reported consolidated revenue of Rs 151.98 crore and a net profit of Rs 0.51 crore, with basic EPS at Rs 0.12.
Key decisions included divesting an 88.79% stake in subsidiary AIPL, fetching Rs 24.50 crore and booking a Rs 6.98 crore gain on a consolidated basis. The company also acquired a 98-year lease land in Gujarat for Rs 11.12 crore. Additionally, previously issued Compulsorily Convertible Debentures and warrants were converted into equity shares. Auditors have a qualified opinion regarding the recoverability of a Rs 5.97 crore MAT credit.
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