Vineet Laboratories Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Vineet Laboratories has announced a board meeting on May 12, 2025, approving the audited standalone financial results for the quarter and financial year ended March 31, 2025. The company posted a loss of Rs 20.19 Cr for the year, impacted by Rs 7.12 Cr of slow-moving inventory write-offs. Net sales reached Rs 75 Cr, with margin pressures due to rising costs. Operating cash flow improved to Rs 11.49 Cr despite the loss. The board re-appointed Mr. Dilip Vishnu Acharekar as an independent director and appointed P S Rao & Associates as Secretarial Auditors for five years.