Piccadily Agro Industries Ltd — Board Meeting, 20-05-2025: Board Meeting

Piccadily Agro Industries Limited has announced a board meeting on to approve the financial results for the quarter and half-year. The audited standalone results show total revenue of Rs. 892.81 Cr and a profit after tax of Rs. 104.66 Cr for the year, compared to Rs. 828.94 Cr revenue and Rs. 112.13 Cr profit last year. The distillery segment continues to lead profitability, partly offset by losses in other segments. Consolidated results reflect similar trends with total income of Rs. 892.81 Cr and net profit of Rs. 102.70 Cr. The company’s balance sheet shows increased fixed assets and borrowings, indicating ongoing capacity expansion. Operating cash flows were negative due to higher working capital and capital expenditure, funded mainly by debt and convertible instruments.