Indo Rama Synthetics (India) Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 06:11 pm
14-05-2025 | 06:11 pm
Indo Rama Synthetics has announced a board meeting approving the financial results for the quarter and half-year. The consolidated PBT turned positive at ₹1.40 Cr, a sharp turnaround from a loss of ₹203.44 Cr last year. Operating cash flow jumped to ₹391 Cr, driven by cost control and improved working capital. The company is pushing ahead with capacity expansion, with ₹36 Cr in capital work-in-progress. Deferred tax assets of ₹258.61 Cr remain fully realizable, reflecting confidence in future growth. The business focuses exclusively on polyester goods manufacturing and trading.
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