Standard Glass Lining Technology Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting
23-05-2025 | 05:21 pm
23-05-2025 | 05:21 pm
Standard Glass Lining Technology Limited has announced a board meeting approving the consolidated financial results for FY25, posting ₹626 Cr revenue (+13.9% YoY), EBITDA at ₹120 Cr (+18.6%), and PAT of ₹69 Cr (+14.4%). EBITDA margin improved to 19.1%, with PAT margin at 11%. The company remains net debt-free, driven by strong cash flow and operational efficiency. Highlights include launching India’s first Shell & Tube Glass-Lined Heat Exchangers targeting a ₹2,000 Cr market, expanding capacity via a new subsidiary plant, and a supply deal with Gale Process Solutions LLC. New secretarial and internal auditors were appointed.
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