Fedders Holding Ltd — Results, 14-08-2025: Result
14-08-2025 | 06:50 pm
14-08-2025 | 06:50 pm
Fedders Holding's board approved the first-quarter financial results, reporting a consolidated revenue of 77.39 Cr and a profit of 16.46 Cr. However, auditors issued a qualified opinion, citing critical issues for shareholders: public shareholding below the 25% minimum, trading suspension on exchanges, and 0.47 Cr not transferred to the Investor Education and Protection Fund. The company also re-appointed its internal auditor and Mr. Vishal Singhal as Executive Director and Chairman for a five-year term, subject to shareholder approval. Investors should note these governance and compliance concerns alongside the financial performance.
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