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Associated Coaters Limited has announced a board meeting outcome approving the audited annual financial results for the year ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. The company recorded revenue of Rs. 595.78 lakhs, up from Rs. 537.81 lakhs, with a profit after tax of Rs. 106.17 lakhs versus Rs. 98.74 lakhs the prior year. EPS stood at Rs. 7.85. Net worth improved to Rs. 677.83 lakhs supported by a successful IPO that raised Rs. 510.62 lakhs through 4.22 lakh shares at Rs.121 each. The company operates powder coating and wood finishing on metals, with factory premises leased from the promoter. There were no material audit qualifications or pending litigations, and the company remains a going concern.