Shree Narmada Aluminium Industries Ltd

Shree Narmada Aluminium Q1 2025 Results: Loss Narrows to ₹1.32L 📉

- Q1 FY25 loss before tax: ₹1.32 lakhs (vs ₹9.71 lakhs loss in Q1 FY24)

- Total income: ₹5 lakhs | Total expenses: ₹6.60 lakhs

- Net cash outflow from operations: ₹1.49 lakhs

- Auditors raised concerns about company's ability to continue as going concern

- Net worth fully eroded, but management maintains going concern assumption

- Supreme Court upheld 2008 rehabilitation scheme

- No income tax provision due to losses | Deferred tax assets not recognized

- Core business: Aluminium trading | No reportable segments per IND AS-108

- Paid-up equity capital: ₹529 lakhs (₹10 face value per share)