Jainam Ferro Alloys (I) Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Jainam Ferro Alloys (I) Limited has announced a board meeting on which it approved the audited consolidated financial results for the year ended March 31, 2025. Profit before tax jumped to ₹13.85 Cr from ₹7.58 Cr, while profit after tax nearly doubled to ₹9.99 Cr versus ₹5.34 Cr, highlighting a strong operational bounce. The board secured continuity by re-appointing key auditors and brought in Abhilasha Chaudhary & Associates as Secretarial Auditor for five years. The company confirmed full and proper utilization of ₹25.42 Cr raised through a preferential issue of warrants.