AJEL Ltd — Results, 14-08-2025: Result

Ajel Limited's board has approved its Q1 standalone revenue of 1.00 Cr and consolidated revenue of 3.26 Cr, with losses of 0.16 Cr and 0.05 Cr respectively. Auditors highlighted significant concerns: a 5 Cr loan from Bank of Maharashtra was declared a Non-Performing Asset (NPA) in October 2024, and the company has not paid taxes or employee statutory dues. Auditors also couldn't confirm trade payable/receivable balances or verify 1.05 Cr in listed equity investments, raising flags about financial health and operational transparency.