EP Biocomposites Ltd — Board Meeting, 23-05-2025: Board Meeting

EP Biocomposites Limited has announced a board meeting on which approved the financial results for the quarter and half-year. The company posted a profit before tax of Rs. 110.63 lakh for the half-year ended, with revenue from operations at Rs. 760.13 lakh. Net profit after tax stood at Rs. 28.10 lakh. The company raised Rs. 6.35 Cr through an IPO by issuing 5,04,000 equity shares at Rs. 126 each, and has utilized Rs. 5.80 Cr of the net proceeds mainly towards a long-term lease deposit, loan repayment, working capital, and general corporate purposes. The statutory auditors have audited and approved these financials, confirming their accuracy and fair presentation.