Olympic Cards News

Olympic Cards Reports Rs 0.15 Cr Loan Default to HDFC

Olympic Cards Limited disclosed a loan default of Rs 0.1517 crore to HDFC Bank Ltd, comprising Rs 0.1204 crore principal and Rs 0.0313 crore interest on a term loan facility.

Olympic Cards Board Meet Set for Feb 12 to Review Q3

Olympic Cards Limited has scheduled a board meeting on February 12, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025.

Olympic Cards defaults on HDFC Bank loan payment

Olympic Cards Limited disclosed default on term loan payment to HDFC Bank Ltd worth Rs. 0.1517 crore, comprising principal of Rs. 0.1193 crore and interest of Rs. 0.0324 crore as of December 31, 2025.

Olympic Cards Limited Reports Quarterly Loss, Settles Religare Dues Through Property Sale

Olympic Cards Limited reported a net loss of Rs 90.21 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs 106.97 lakhs in the same quarter last year. The company's revenue from operations stood at Rs 305.22 lakhs. The board approved the sale of company property at Kannigaiper, Thiruvallur District for Rs 18 crores to clear long-pending dues and reduce finance costs. The company fully settled its dues to Religare Finvest Ltd on October 30, 2025, using proceeds from the property sale. Outstanding bank dues include Rs 5.92 crores to HDFC Bank (overdraft), Rs 4.06 crores (term loan), and Rs 52.74 lakhs to ICICI Bank. The company also has pending GST dues totaling Rs 2.95 crores with appeals pending for most amounts, and outstanding Employee Provident Fund dues of Rs 5.02 lakhs.