ALPHA TRIBE

Dhatre Udyog LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 02:18 pm

Dhatre Udyog's board has approved the financial results for the first quarter, reporting a profit of 10.44 and EPS of 0.04. The company has shifted from manufacturing to trading iron and steel products. Operations ceased due to outdated machinery, leading to the sale of plant assets as scrap and an agreement to sell factory land. This is part of a plan to fund new ventures, possibly real estate. Auditors issued a qualified opinion, citing unconfirmed trade balances and missing valuation for Rs. 3.32 Cr in assets held for sale. Investments in an associate firm are fully impaired due to significant losses.

No comments yet. Be the first to comment!

All announcements from Dhatre Udyog Ltd