Excellent Wires and Packaging Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Excellent Wires and Packaging Limited has announced a board meeting on 21.05.2025 where it approved the financial results for the half-year and full-year ended March 31, 2025. The company reported revenue of ₹22.19 Cr and net profit of ₹1.45 Cr for the year, showing strong growth. EPS came in at ₹3.29. The recent IPO of 14 lakh shares at ₹90 each raised significant funds, which are being deployed toward land acquisition, plant and machinery, working capital, and corporate needs. The board also approved new internal and secretarial auditor appointments.