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Swadeshi Polytex LtdBoard Meeting, 23-05-2025: Board Meeting

23-05-2025 | 02:39 pm

Swadeshi Polytex Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, along with the Director’s Report and plans to convene the Annual General Meeting. The company reported a total income of Rs. 750.95 lakh for the year, largely driven by other income, but saw expenses rise to Rs. 406.72 lakh, resulting in a net profit after tax of Rs. 226.06 lakh, down from Rs. 8249.04 lakh the previous year. The real estate segment remains the sole focus. Cash flows from operations were negative at Rs. 653 lakh, offset by investing activities mainly involving fixed deposits. Equity stands at Rs. 390 lakh with other equity at Rs. 10,712 lakh.

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