Archidply Industries Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting
22-05-2025 | 04:33 pm
22-05-2025 | 04:33 pm
Archidply Industries has announced a board meeting on key updates. The board approved the financial results for the quarter and half-year, with consolidated revenue rising to ₹555 Cr from ₹436.7 Cr a year ago, but posted a consolidated PBT loss of ₹7.7 Cr versus a ₹12.3 Cr profit previously. Rajiv Daga and Deen Dayal Daga were re-appointed Managing Director & CEO and Executive Chairman, respectively, for five more years, subject to shareholder nod. The company is pushing ahead with capacity expansion while navigating cost pressures amid tough market conditions.
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