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Shalimar Wires Industries LtdResults, 22-05-2025: Result

22-05-2025 | 02:42 pm

Shalimar Wires Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting total income of Rs. 134.64 Cr with operating revenue at Rs. 131.94 Cr. The company posted a profit after tax of Rs. 2.34 Cr for the year, up from Rs. 1.47 Cr the previous year. EBITDA improved with controlled expenses despite rising finance costs of Rs. 13.19 Cr. Capital work-in-progress reached Rs. 29.11 Cr, reflecting ongoing investments. Net cash from operations rose to Rs. 47.46 Cr, supporting heavy capital expenditure. The statutory auditors issued an unmodified report, indicating clean financials, while contingent liabilities include claims of Rs. 0.77 Cr and tax demands of Rs. 8.11 Cr.

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