Autoline Industries Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting

Autoline Industries has announced a board meeting on approving the financial results for the quarter and half-year, with consolidated revenue at ₹658.55 Cr, marginally up year-on-year. Profit after tax from continuing operations dipped slightly to ₹18.11 Cr due to higher finance costs and one-time sales tax payments, while net profit including discontinued operations stood at ₹17.79 Cr. EPS rose to ₹4.52 (basic). The company appointed new secretarial and internal auditors for FY26, is advancing the sale of its industrial park subsidiary, and secured a 99-year lease on land worth ₹11.12 Cr, payable over 10 years. Management plans to write off a flagged tax credit asset (~₹11.94 Cr) over FY26-27 without impacting cash flow or operations. Steady performance with focused asset and financial management.