Infronics Systems Reports Zero Revenue and Rs 17 Lakh Loss in Q1 Aug 16, 2025
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14Aug 25
Infronics Systems Addresses ₹12.05 Crore Demand and Going Concern Issues in Q1 Results
Infronics Systems Limited approved its Q1 unaudited financial results with auditor qualifications on two issues: a ₹12.05 crore demand notice from Mudunuru Limited and uncertainty about the company's going concern status. Management denied liability for the demand, disclosed it as a contingent liability, and affirmed ongoing product development initiatives to address future business prospects. The board meeting was held on August 14, and the trading window remains closed until 48 hours after results publication.