UpdatesCompany Update
K G Denim Limited has announced a board meeting to consider the financial results for the quarter and half-year.
KG Denim Ltd500239 · Filed with the exchange
The company reported a standalone total income from operations of Rs. 107.82 Cr and a net loss after tax of Rs. 12.05 Cr for the quarter ended March 31, 2025. A loan restructuring under a five-year plan is underway, with principal and interest moratorium for one year and repayment over the remaining period.
The company plans to sell non-core assets worth Rs. 100 Cr to improve liquidity, having already realized Rs. 5 Cr from land sale.
Trade creditors stand at Rs. 111.62 Cr, with ongoing negotiations for outstanding dues of Rs. 22.52 Cr.
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