Neogem India Ltd

Neogem India Reports Q1 & Q2 Losses Amid Business Restructuring 📉

- Neogem India reported a total comprehensive loss of ₹31.36 lakhs for Q1 (ended 30th June 2025).

- Manufacturing operations have been halted since 1st January 2018, with business restructuring underway.

- Current liabilities exceed current assets, including secured loans from Punjab National Bank and Bank of India.

- No balance confirmations received from banks since 31st March 2016.

- ₹1.85 crores provisioned for unconfirmed rental and water charges outstanding for over three years.

- Token issued towards One Time Settlement (OTS) with creditors as part of liability management.

- Previous financial figures have been re-grouped/re-classified for consistency.

- Full financial results available on BSE and company website for review.