IEC Education Ltd

IEC Education Q1 FY25 Results: Losses Narrow, But Concerns Linger 📉

- Unaudited Q1 FY25 standalone & consolidated loss: ₹3.85 lakhs (vs ₹10.36 lakhs loss YoY)

- Zero business activity during quarter raises 'going concern' questions

- Pending share application money: ₹4.60 lakhs (no interest/penalty provision)

- No outstanding loans from banks/financial institutions

- Auditors highlight inactive operations and unallotted funds as key concerns

- AGM scheduled for September 29, 2025 (virtual mode)