Medico Remedies Limited — Board Meeting, 08-05-2025: Outcome of Board Meeting
08-05-2025 | 04:12 pm
08-05-2025 | 04:12 pm
Medico Remedies has announced a board meeting where it approved the audited financial results for the quarter and half-year. The company posted FY25 revenue of Rs. 151 Cr, with profit after tax rising to Rs. 10.09 Cr from Rs. 8.29 Cr in FY24. Despite increased inventory and receivables, operational cash flow remained strong at Rs. 4.89 Cr. Operations are stable with steady margins and no subsidiaries. Governance updates include appointing Shah Shroff & Associates as statutory auditors for five years and Mr. Haresh Sanghvi as secretarial auditor, pending shareholder approval.
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