Innovassynth Investments
96.50
-0.40(-0.41%)
Market Cap₹270.08 Cr
PE Ratio218.38
Company Performance:
1D-0.41%
1M-27.69%
6M+30.72%
1Y+30.55%
5Y+1,664.17%
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Latest news about Innovassynth Investments
Innovassynth Investments Reports Significant Loss, Appoints New Independent Director Aug 14, 2025
Innovassynth Investments Limited (IIL) reported a consolidated loss of Rs 699.52 crore for Q1 FY24, primarily due to a Rs 677.84 crore loss from its associate company, Innovassynth Technologies (India) Limited. The company had no revenue from operations and total expenses of Rs 21.78 lakhs. IIL appointed Mr. Prosenjit Gupta as an Additional Non-Executive Independent Director for a five-year term. The company's merger with its associate company is pending NCLT approval.