North Eastern Carrying Corporation Fined Rs 5.40 Lakh by NSE for Compliance Violation

NSE imposed a fine of Rs 5.40 lakh on North Eastern Carrying Corporation Limited for non-compliance with Schedule XIX regarding listing of securities and failure to apply for trading approval within the required timeframe. The company states there is no material impact on its financial or operational activities and is evaluating the fine to take necessary response steps.

North Eastern Carrying Corporation Fined Rs 5.40 Lakh by BSE for SEBI Compliance Violation

BSE Limited imposed a fine of Rs 5,40,000 plus GST on North Eastern Carrying Corporation Limited for non-compliance with SEBI Master Circular dated June 21, 2023, related to trading approval application requirements. The company disclosed that there is no material impact on its financial or operational activities and is evaluating the fine to respond to the notice.

North Eastern Carrying Corporation Reports Net Loss of Rs 181.20 Lakhs in Q2

North Eastern Carrying Corporation Limited posted a net loss of Rs 181.20 lakhs for the quarter ended September 30, 2025, compared to a profit of Rs 178.03 lakhs in the corresponding previous quarter. The transportation company's revenue from operations declined to Rs 7,074.60 lakhs from Rs 6,509.98 lakhs, with auditors noting concerns about provision for doubtful debts and lease accounting practices.

North Eastern Carrying Corporation Reports Q1 2025 Results, Recommends New Secretarial Auditor Appointment

North Eastern Carrying Corporation Limited's Board approved unaudited financial results for the quarter ended June 30, 2025, showing a net profit of Rs 178.03 crore compared to Rs 176.01 crore in the previous quarter. Revenue from operations stood at Rs 8,809.71 crore. The company reported basic and diluted earnings per share of Rs 0.18. The Board recommended appointing M/s. A. K. Friends & Co. as Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval. The company scheduled its Annual General Meeting for September 26, 2025. Independent auditors completed a limited review of the quarterly results and found no material misstatements.