Slone Infosystems Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Slone Infosystems has announced a board meeting approving the audited financial results for the quarter and half-year. The company posted revenue of Rs. 210.64 Cr and net profit of Rs. 7.41 Cr for the year, marking solid growth. Earnings Per Share stood at Rs. 14.47. The board confirmed full utilization of IPO proceeds totaling Rs. 11.06 Cr, which supported equipment upgrades, debt repayment, and corporate expenses. Additionally, 19.99 lakh share warrants were issued on a preferential basis, with 25% of the proceeds received.