ALPHA TRIBE

Pashupati Cotspin LimitedBoard Meeting, 20-05-2025: Outcome of Board Meeting

20-05-2025 | 06:40 pm

Pashupati Cotspin has announced a board meeting where it approved the audited consolidated financial results for FY25. Revenue stood at ₹650.91 Cr with net profit rising to ₹12.88 Cr from ₹8.30 Cr last year. A final dividend of ₹0.50 per share (5%) was proposed. The company raised ₹24.05 Cr through a QIP issuance of 5 lakh shares at ₹481 each, deploying funds for working capital and corporate purposes. New appointments include Ashish Bhavsar & Associates as Cost Auditor, Sandip Desai & Co. as Internal Auditor, and SJV & Associates as Secretarial Auditor.

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