AYM Syntex Limited — Board Meeting, 10-05-2025: Outcome of Board Meeting

AYM Syntex has announced a board meeting approving the consolidated financial results for the quarter and financial year ended March 31, 2025. Total income reached Rs 1,495 Cr, with raw material costs at Rs 823 Cr. Profit before tax surged to Rs 19.36 Cr from Rs 1.31 Cr last year, supported by a Rs 10.06 Cr insurance recovery from a previous fire loss. EPS stood at Rs 2.13. The company raised Rs 141.76 Cr via preferential shares, using part of the proceeds to reduce debt and the rest kept as cash. Mr. Hitesh Gupta’s appointment as Secretarial Auditor for five years was also approved. The merger with Mandawewala Enterprises is pending approvals.