Tuni Textile Mills Ltd 2019 AR2
The report outlines the financial and operational performance of Tuni Textile Mills Limited for the fiscal year 2018-2019. The company reported a gross revenue from operations of INR 3,517.63 lakhs and a profit after tax of INR 15.87 lakhs, recovering from a net loss in the previous year. While the company faced financing challenges due to tight liquidity and its classification as a 'Shell Company' by SEBI, it expressed optimism about recovery with the release of GST refunds. The report also highlights the company's compliance with corporate governance standards and its focus on fabric manufacturing.
Company: Tuni Textile Mills Ltd
Sector: Consumer Discretionary
Country: India
Year: 2019
Type: AR2
Pages: 104
Tuni Textile Mills Ltd
Annual Report
The report outlines the financial and operational performance of Tuni Textile Mills Limited for the fiscal year 2018-2019. The company reported a gross revenue from operations of INR 3,517.63 lakhs and a profit after tax of INR 15.87 lakhs, recovering from a net loss in the previous year. While the company faced financing challenges due to tight liquidity and its classification as a 'Shell Company' by SEBI, it expressed optimism about recovery with the release of GST refunds. The report also highlights the company's compliance with corporate governance standards and its focus on fabric manufacturing.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees