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

26-05-2025 | 06:26 pm

Axita Cotton Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025. Consolidated revenue reached Rs 652.72 Cr, with a net loss of Rs 1.85 Cr for the quarter but a yearly profit of Rs 0.79 Cr. Standalone revenue matched consolidated at Rs 652.72 Cr, showing a quarterly net loss of Rs 1.86 Cr and an annual profit of Rs 1.09 Cr. A major sesame seed export worth Rs 8.93 Cr was rejected due to quality issues, likely causing a 10% loss next period. Total assets stand at Rs 770.12 Cr consolidated, supported by better cash flows through working capital management. No dividends or fundraising plans were disclosed.

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