Eurotex Industries and Exports Ltd
Eurotex Q1 2025 Results: Land Sale & Future Plans Amid Losses 📉
- Revenue from operations: ₹4.43L (vs ₹50.42L prev quarter, ₹62.13L YoY).
- Loss before tax: ₹118.10L (vs ₹133.66L YoY loss).
- Other income: ₹35.70L (plant/machinery sale at Kolhapur).
- Post-quarter freehold land sale: ₹311L, loans repaid to secured lenders.
- Segment performance: Textiles (yarn) -₹113L loss; Real estate +₹2L profit.
- Kolhapur plants closed since 2019 (labor/power issues), land development planned.
- Auditors flagged going concern uncertainty but noted management’s revival plans.