Axita Cotton Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Axita Cotton Limited has announced a board meeting approval of the consolidated financial results for the quarter and half-year. Quarterly revenue was Rs. 139.86 Cr, with a net loss of Rs. 1.85 Cr, compared to a net profit in the previous year’s quarter. For the full year, revenue hit Rs. 652.72 Cr and net profit stood at Rs. 1.09 Cr. The textile segment remains the key revenue source. An export consignment worth Rs. 8.93 Cr was rejected due to a quality issue, leading to an expected 10% loss impacting the next period’s results.