kore foods ltd share price Management discussions


Financial Results of Operations: The Company has made a loss of Rs. 39.84 Lacs as compared to the previous years profit of Rs. 233.25 Lacs.

The company is open to takeover opportunities from entrepreneurs who may benefit from the existing structure, failing which voluntary winding up of the company would bean option to consider.

Short term borrowings

The company has secured borrowings of Rs. 9.57 Lacs (Rs, 93.87Lacs previous year) from the Bank secured by pledge of fixed deposits by Director. The unsecured borrowings from Related Party as on 31.03.2023 is Rs. 234.22 Lacs (Previous year Rs. 101.39 Lacs).