AI Champdany Industries Ltd
AI Champdany Q2 2025: Revenue Surges 📈, Losses Narrow Despite Operational Challenges
- Quarterly revenue surged to ₹3,547.31 lacs vs ₹1,070.73 lacs last year
- Net loss improved to ₹840.93 lacs from ₹1,053.42 lacs YoY
- Jute segment drove 98% of revenue (₹3,480.43 lacs), flax contributed ₹66.88 lacs
- Fire at Wellington Jute Mill (Nov 2024) caused ₹1 Crore damage to assets
- 3 units remain closed due to labor issues & outdated equipment
- Flax Unit Jagadal overhaul in progress, targeting year-end restart
- Total assets: ₹24,060.27 lacs; liabilities: ₹27,867.60 lacs
- Minority shareholder allegations under dispute