Modern Threads (India) Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Modern Threads (India) Limited has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 69.86 Cr and a net profit of Rs 0.01 Cr.

Auditors highlighted a key qualification: the company has not provided for interest/dividend of Rs 0.09 Cr for the quarter (cumulative Rs 10.57 Cr) on cumulative redeemable preference shares, stating it's in process of settlement. Trade payables and receivables are also subject to confirmation. Consolidated financial results were not prepared as its UK subsidiary is yet to commence business.