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Chemplast Sanmar LimitedBoard Meeting, 13-05-2025: Outcome of Board Meeting

13-05-2025 | 08:49 pm

Chemplast Sanmar has announced a board meeting approving the financial results for the quarter and year ended March 2025. Consolidated revenue grew to Rs 4,346 Cr, but a net loss of Rs 154 Cr was reported due to ongoing margin pressures. No dividend was declared. Mr. Vikram Taranath Hosangady joined as Non-Executive Independent Director, bringing finance and strategy expertise, and joined the Audit and Risk Management Committees. B Ravi and Associates was appointed Secretarial Auditor for five years, pending shareholder consent. The company also posted a notable asset revaluation gain, boosting other comprehensive income.

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