MIC Electronics Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting
22-05-2025 | 02:58 pm
22-05-2025 | 02:58 pm
MIC Electronics has announced a board meeting outcome approving the audited consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue surged to ₹95.17 Cr from ₹55.75 Cr last year, while profit before tax declined to ₹13.07 Cr from ₹17.73 Cr. The LED segment led revenues with ₹48.37 Cr. Medical appliances turned profitable with a ₹6.63 Cr profit before tax. Net worth grew to ₹222.59 Cr, supported by better operations and controlled finance costs. RPR & Associates appointed as secretarial auditor for five years, pending shareholder nod.
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