Archidply Industries Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Archidply Industries has announced a board meeting on approving the financial results for the quarter and half-year. Consolidated revenue climbed to Rs. 557.45 Cr, though the company posted a consolidated net loss of Rs. 7.36 Cr, pressured by rising finance costs and expenses. Plywood sales stayed robust at Rs. 316.4 Cr, while profitability dipped in the Medium Density Fibre Board segment. Leadership continuity is set with re-appointments of Rajiv Daga as MD & CEO and Deen Dayal Daga as Executive Chairman for another five years, pending shareholder approval. A new secretarial auditor firm is also set to come on board.