Three M Paper Boards Ltd — Board Meeting, 26-05-2025: Board Meeting

Three M Paper Boards Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. Revenue from operations stood at Rs. 139.55 Cr for the half year, slightly down from Rs. 144.11 Cr in the previous comparable period. Profit before tax was Rs. 12.06 Cr vs Rs. 12.99 Cr last year, with a net profit of Rs. 9.99 Cr, lower than Rs. 11.26 Cr previously. The company’s IPO proceeds of Rs. 39.83 Cr have been fully utilized for machinery installation, working capital, debt repayment, and issue expenses. The statutory auditor has issued an unmodified opinion on these results.