Eureka Forbes Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting
16-05-2025 | 11:22 am
16-05-2025 | 11:22 am
Eureka Forbes has announced a board meeting approving consolidated financial results for the quarter and half-year, with profit after tax surging to ₹164.41 Cr for FY25, nearly doubling YoY. Revenue rose 11% to ₹2,436.91 Cr, fueled by strong demand in health and hygiene segments. Leadership shifts include Rakesh Moza as Chief Sales Officer and Nithyanand Shankar taking on Chief Business Officer, now also leading the aftermarket division. The company took an ₹8.83 Cr exceptional expense for phasing out obsolete products but maintains healthy liquidity with ₹95.51 Cr in cash. Focus remains on strengthening leadership and streamlining product offerings.
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