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Libas Consumer Products has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue was ₹18.20 Cr, but the company posted a net loss of ₹1.65 Cr, impacted by a ₹2.40 Cr exceptional loss from a store fire (insured). Auditors flagged significant concerns: inventory is reportedly overstated by ₹7.01 Cr, and ₹10.73 Cr in loan interest income was not recognized. The board also saw independent director changes and appointed M/s J. N. Mittal & Co. as the new statutory auditor. The 21st AGM is scheduled for September 29, 2025.