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Incorporated in 1987, NK Industries Ltd manufactures and trading of castor oiland other allied products and its derivatives
N.K. Industries' Q3 consolidated loss was 0.81 Cr, 9-month loss 3.53 Cr. Auditors highlighted material uncertainty due to ongoing NSEL litigation (~Rs. 937 Cr) and PMLA asset attachments. The company continues operations on a going concern basis amidst significant accumulated losses and legal challenges.
N K Industries reported a consolidated net loss of Rs 355.26 lakh, with accumulated losses surpassing Rs 354 Cr and negative net worth. The company faces ongoing legal challenges, including asset attachments related to past NSEL transactions. Despite qualified audit opinions due to these issues, management is focused on business...
The Board has approved the financial results for the quarter ending December 31, 2024, showing a standalone loss of ₹14.55 crore. Total income for the quarter was ₹71.17 crore, with notable expenses including ₹64.49 crore in depreciation and ₹9.36 crore in employee benefits. The company faced challenges with accumulated losses...
**Consolidated Financial Results for N K Industries Limited** N K Industries has announced a board meeting to discuss its financial performance for the quarter ended December 31, 2024. The consolidated revenue for the quarter is reported at ₹50 crore, reflecting a year-over-year growth of 20%. This growth can be attributed...
BSE Limited has imposed a fine of ₹2.54 Cr on N K Industries for non-compliance related to regulations for the quarters ending October 31, 2021, and September 30, 2022. The company had previously filed for a waiver that was not granted, and it is currently processing the payment. This development...