Nutech Global Reports Q1 Loss, Adopts New Corporate Governance Documents
Nutech Global Limited, a Bhilwara-based textile company, reported a net loss of ₹13.64 crore for Q1, narrowing from a ₹20.89 crore loss in the same period last year. Revenue from operations decreased by 26.3% to ₹756.34 crore. The company's EPS was negative at ₹0.43. Total expenses reduced to ₹769.98 crore. The Board approved new Memorandum and Articles of Association to align with the Companies Act, 2013, pending shareholder approval.