Elin Electronics Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Elin Electronics has approved its audited consolidated financial results for FY25, reporting a strong revenue jump to ₹1,151.8 Cr and PAT rising to ₹29.3 Cr from ₹101.7 Cr and ₹13.9 Cr, respectively, in FY24. The company is actively repaying debt and investing in facility upgrades in Ghaziabad and Vema, Goa, mainly funded by IPO proceeds. The board has re-appointed three Executive Directors for five years, pending shareholder nod, and appointed M/s P.P. Agarwal & Co. as Secretarial Auditors for the same tenure. Employee Stock Options worth 2.5 lakh shares were granted to boost retention and growth.