FilingReader Intelligence

Ashima swings to ₹1,888 lacs loss after cotton exit

July 14, 2025 at 10:20 AM UTCBy FilingReader AI

Ashima Limited swung to a loss of ₹1,888 lacs for the year ended March 2025, compared to a profit of ₹9,641 lacs previously.

The decline stemmed from lower real estate division revenue of ₹526 lacs, a volatile stock market hitting its investment division, and non-recurring costs from closing cotton textile operations.

The company transferred its investment portfolio to wholly-owned subsidiary Ashima Capital Management Limited, which obtained a portfolio management services license in February 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ASHIMASYNBombay Stock Exchange

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