Mahickra Chemicals Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Mahickra Chemicals has announced a board meeting on May 23, 2025, approving the consolidated financial results for the year ended March 31, 2025. The company posted revenue of Rs. 45.65 Cr and net profit of Rs. 1.19 Cr, reflecting solid operational control amid inflation. It noted the CFO’s resignation and appointed Mr. Atul Sushilkumar Bachhawat, an experienced finance professional with 23+ years, as the new CFO. The results include Mahickra’s 45% stake in associate RCN Specialities Pvt. Ltd., with cash flows and working capital remaining healthy.