Milestone Furniture Reports Net Loss of Rs 27.55 Lakh in H1 FY2025, Appoints New Secretarial Auditor
Milestone Furniture Limited announced financial results for H1 FY2024-25, reporting zero income from operations and a net loss of Rs 27.55 lakh. The company's EPS was negative at Rs 0.30. Despite challenges, the loss has reduced compared to FY2024's Rs 63.14 lakh. The board appointed a new Secretarial Auditor and disclosed related party transactions totaling Rs 6.40 lakh. Former Managing Director Tanmay Singh resigned in June 2024.
M/s. S. Agrawal & Co., Chartered Accountants, have resigned as statutory auditors of Milestone Furniture Limited, effective immediately. The resignation, citing pre-occupation, was submitted on July 10, 2025, for the financial year 2024-25. The company has complied with SEBI regulations by informing the BSE Limited about this change. Milestone Furniture is expected to appoint new auditors soon.