Minaxi Textiles Ltd — Board Meeting, 15-05-2025: Board Meeting

Minaxi Textiles has announced a board meeting on 15th May 2025, where it approved the financial results for the quarter and half-year ended March 31, 2025. Revenue from operations declined to Rs. 618.54 lakh in the quarter from Rs. 881.16 lakh a year ago, with net profit at Rs. 71.02 lakh versus Rs. 164.53 lakh previously. For the full year, the company reported a pre-tax loss of Rs. 69.14 lakh against a loss of Rs. 384.14 lakh last year. The company continues to operate as a going concern, supported by a past debt restructuring that has reduced future interest outflows and extended repayment schedules. The statutory auditor issued an unmodified report on these results.