AIFL Approves Unaudited Standalone Financial Results for Quarter Ended Sep 30, 2025
AIFL approves unaudited standalone financial results for the quarter ended September 30, 2025, during board meeting. Revenue from operations is ₹ 0. Net profit is ₹ 302.02 Lakh.
The results are unaudited, and the company is under CIRP, with a disclaimer from the auditors. However, NCLT order has granted significant reliefs, including the conversion of the company’s status from “liquidation” to “active.
The announcement primarily concerns the approval of financial results and procedural updates related to CIRP, lacking overtly positive or negative tones.
* Ashapura Intimates Fashion Ltd (AIFL) approved unaudited standalone financial results for the quarter and half year ended September 30, 2025, in a board meeting held on November 14, 2025. * The meeting commenced at 06:30 PM and concluded at 07:30 PM. * The company is undergoing Corporate Insolvency Resolution Process (CIRP). * NCLT order dated 10.06.2025, has granted significant reliefs, including the conversion of the company’s status from “liquidation” to “active,” the removal of the existing Board of Directors, and the appointment of new directors. * As per the order, the company is required to cancel the existing shareholding of both the promoters and the public shareholders and issue new shares to the applicant and its nominees, in compliance with SEBI regulations. However, these actions have not yet been implemented as of the date of this report. * The order also provides relief from past liabilities, including statutory dues, penalties, and non-compliance by the corporate debtor and its previous management. * Revenue from operations is reported as ₹ 0 for the quarter ended September 30, 2025, compared to ₹ 0 for the quarter ended September 30, 2024 and ₹ 0 for the year ended March 31, 2025. * Other income for the quarter ended September 30, 2025 is ₹ 2.31 Lakh compared to ₹ 0 for the quarter ended September 30, 2024 and ₹ 19.15 Lakh for the year ended March 31, 2025. * Net profit for the period is ₹ 302.02 Lakh for the quarter ended September 30, 2025 compared to ₹ -126.01 Lakh for the quarter ended September 30, 2024 and ₹ -1397.27 Lakh for the year ended March 31, 2025.
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Ashapura Intimates Fashion Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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