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Innovative Ideals and Services (India) LtdBoard Meeting, 26-05-2025: Board Meeting

26-05-2025 | 06:18 pm

Innovative Ideals & Services (India) Ltd. has announced a board meeting on which it approved the audited financial results for the quarter and half-year ended March 31, 2025. The company reported profit before tax of ₹306.34 lakhs for the quarter and ₹135.29 lakhs for the half-year, a significant turnaround from losses reported in the previous year. Profit after tax stood at ₹228.86 lakhs and ₹100.39 lakhs, respectively. The Board also re-appointed M/s. Prachi Bansal & Associates as Secretarial Auditors and Mr. Omprakash Luthra as Internal Auditor for FY 2025-26. The audit report carried a modified opinion.

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