Gujarat Hy-Spin Ltd — Board Meeting, 20-05-2025: Board Meeting
20-05-2025 | 06:58 pm
20-05-2025 | 06:58 pm
Gujarat Hy-spin Ltd has announced a board meeting on which it approved the audited financial results for the half year and year ended March 31, 2025, with an unmodified auditor’s opinion. The company reported net sales at Rs. 92.56 Cr for the year, marginally up from Rs. 91.76 Cr last year, and a net profit of Rs. 0.0972 Cr (9.72 lakhs), slightly down from Rs. 0.1681 Cr previously. EPS stood at Rs. 0.06. The company’s debt-equity ratio improved to 0.73 from 0.87. Operating cash flows increased to Rs. 3.27 Cr. S.V. Nadiyapara & Co. was appointed as secretarial auditor for FY 2024-25. Inventory and trade receivables remain significant on the balance sheet, reflecting ongoing working capital needs.
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