Electrotherm (India) Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting

Electrotherm (India) Limited has announced a board meeting on which it approved the audited consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue was Rs 4,115 Cr, slightly down from Rs 4,272 Cr, while net profit surged to Rs 442 Cr from Rs 317 Cr last year, boosted by exceptional gains of Rs 107 Cr from debt settlements that cut liabilities by Rs 248 Cr. The Board appointed new Cost and Secretarial Auditors for FY 2025-26. A promoter family settlement reshuffles management, with Mr. Shailesh Bhandari retaining control as Mr. Mukesh Bhandari exits. Audit notes highlight qualifications on non-provision of interest on some non-performing loans.