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Bloom Industries Limited has announced a board meeting to consider the financial results for the quarter and half-year.

Bloom Industries Ltd513422 · Filed with the exchange

The company reported total income of Rs. 3,057.71 lakh for the year with a net profit after tax of Rs. 56.53 lakh.

Earnings per share stood at Rs. 0.85. Separately, Bank of Baroda and Ujjivan Small Finance Bank have issued demand notices to various borrowers, including some linked to industrial sectors, for defaults on loans secured by immovable properties.

These developments highlight credit risk issues affecting stakeholders related to loan recoveries and asset enforcement actions.

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