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

Refractory Shapes Limited has announced a board meeting approving audited consolidated results for FY25, reporting revenue of ₹59.82 Cr and a net profit rise to ₹6.26 Cr from ₹4.15 Cr last year. EPS stood at ₹2.87. Operational cash flows improved despite working capital challenges. The company raised ₹18.5 Cr through a successful IPO in 2024. The board appointed M/s Neelakshee R. Marathe & Co. as secretarial auditors for FY25. Debt-equity ratio remains comfortable at 0.53, signaling balanced financial health.