Oriental Trimex Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting
23-05-2025 | 05:09 pm
23-05-2025 | 05:09 pm
Trimex Limited has announced a board meeting approving the financial results for the quarter and financial year ended March 31, 2025. The company swung to a profit of ₹597.32 lakh, boosted by exceptional gains from selling land, buildings, and machinery, which also helped pare down debt. Operationally, inventory write-offs during site shifting posed challenges, and cash flows from operations turned negative due to working capital shifts. The board appointed Mr. Dinesh Narang as an independent director for five years; he brings over 40 years of expertise in project finance and infrastructure.
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