Garware Marine Industries Ltd — Board Meeting, 19-05-2025: Board Meeting

Garware Marine Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved audited financial statements showing revenue from operations of Rs. 23.54 lakh for the quarter and Rs. 120.18 lakh for the year, with a net profit of Rs. 10.51 lakh and Rs. 43.14 lakh respectively. The company re-appointed Kirtane & Pandit LLP as Internal Auditors and Mr. Rajkumar R. Tiwari as Secretarial Auditor. Additionally, the Board approved a corporate guarantee of Rs. 10 Cr for Global Offshore Services Limited to secure banking facilities. The auditor issued an unmodified opinion on the results.