ALPHA TRIBE

Nilkamal LimitedBoard Meeting, 14-05-2025: Outcome of Board Meeting

14-05-2025 | 08:48 pm

Nilkamal Limited has announced a board meeting on the approval of the financial results for the quarter and half-year. Consolidated revenue grew to ₹3,313 Cr, up from ₹3,196 Cr, while PAT dipped to ₹107 Cr from ₹122 Cr. B2B volumes and value rose 5%, with mattress sales jumping 38%, offset by a 7% drop in Retail & E-commerce due to store cuts and higher marketing spend. Capex reached ~₹280 Cr for new plants in Hosur, Puducherry, and Noida. Net borrowings rose to ₹272 Cr. A final dividend of ₹20/share was declared. The company will acquire Imedfurns' healthcare business for ₹4 Cr, and Mr. Sharad V. Parekh was reappointed Chairman for 4 years.

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