Refractory Shapes Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Refractory Shapes Limited has announced a board meeting on the financial results for the quarter and half-year. Consolidated revenue rose sharply to Rs 59.82 Cr from Rs 43.03 Cr last year, fueled by higher volumes and other income. Consolidated net profit surged 55% to Rs 6.25 Cr, lifting EPS to Rs 2.87. The balance sheet looks healthier with net worth at Rs 45.7 Cr and a lower debt-equity ratio of 0.53. The board also appointed M/s Neelakshee R. Marathe & Co. as secretarial auditor for FY25, highlighting a push towards stronger governance.