Newtrac Foods & Beverages' board has approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹13.37 Cr and a profit of ₹0.24 Cr for the period.

Additionally, the board decided to remove Mr. Vishal Kelkar as CEO with immediate effect.

This decision was made due to the non-fulfillment of terms and lack of progress on the Holkar Project, for which he was specifically appointed.

This leadership change signals a clear response to project underperformance, impacting future operational focus.