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

Modern Threads (India) Limited's board approved the financial results for the quarter ending June 30, 2025. The company reported revenue of Rs 69.86 Cr and a net profit after tax of Rs 0.01 Cr.

However, auditors highlighted a key concern: the company has not provided for Rs 0.09 Cr in interest (dividend) on cumulative redeemable preference shares for the quarter, with cumulative unprovided interest reaching Rs 10.57 Cr. Additionally, balances of trade payables/receivables require confirmation. Considering these factors, the adjusted net result for the quarter would be a loss of Rs 0.08 Cr. Investors should be aware of these accounting matters.