Mahickra Chemicals Limited — Others, 23-05-2025: Appointment

Mahickra Chemicals Limited has announced a board meeting approving the appointment of Mr. Atul Sushilkumar Bachhawat as CFO, succeeding Mr. Kalusinh Chauhan who resigned earlier this year. The company reported audited consolidated revenue of ₹88.16 Cr and a net profit of ₹1.19 Cr for the year ended March 31, 2025. Despite some inventory build-up, the business maintained steady operations, positive cash flows, and efficient working capital management. The audit concluded with a clean opinion, confirming financial transparency and compliance.