Eastern Silk Industries Ltd

Eastern Silk Industries Q1 2025: Narrowing Losses & Strategic Shifts 🚀

- Revenue from operations: ₹672.68 lakhs in Q1 2025 (Total income: ₹713.05 lakhs)

- Net loss reduced to ₹24.73 lakhs vs ₹40.95 lakhs YoY

- NSE granted in-principle approval for ₹1 crore equity issuance (50L shares @ ₹2)

- 3rd tranche of Resolution Plan payment disbursed to creditors on July 23, 2025

- Strategic focus: Reviving operations, expanding products, entering new markets, cost optimization

- Statutory auditor B.K. Shroff & Co. confirmed no material misstatements in financials