Eraaya Lifespaces Ltd — Results, 14-08-2025: Result
14-08-2025 | 07:21 pm
14-08-2025 | 07:21 pm
Eraaya Lifespaces Limited's Board approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations was ₹609.28 Cr, with a net loss attributable to owners of ₹19.99 Cr. A significant outstanding issue is USD 40 million from Foreign Currency Convertible Bonds (FCCBs) yet to be received, with legal action underway and accounting deferred due to an NCLT status quo order. The company also faces a ₹32.91 Cr penalty from ED (FEMA, pre-acquisition) but anticipates no financial impact due to indemnities. Other ongoing matters include unsettled escrow payments, a pending share transfer of USD 1.64 million, and a deferred securitization for a promissory note.
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