Avax Apparels and Ornaments Ltd — Board Meeting, 23-05-2025: Board Meeting

Avax Apparels and Ornaments Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 3435.86 lakh for the year, up from Rs. 2205.98 lakh last year. Profit after tax rose to Rs. 163.18 lakh from Rs. 138.20 lakh, with earnings per share at Rs. 19.77 compared to Rs. 18.06. The increase reflects growth in the knitted clothes segment, which remains the core business driver. The board approved the audited financials with an unmodified opinion from the auditor, reflecting confidence in the company’s accounting and internal controls.