Gujarat Terce Laboratories Ltd — Board Meeting, 26-05-2025: Board Meeting

Gujarat Terce Laboratories Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 1232.44 lakh for the quarter and Rs. 5019.52 lakh for the year, with a profit before tax of Rs. 339.04 lakh for the year. No exceptional or extraordinary items were recorded. The board approved the re-appointment of M/s D.V. Shah as Internal Auditors and proposed the re-appointment of M/s M.A. Shah & Co. as Statutory Auditors for five years, subject to shareholder approval. Ms. Avani Vishnubhai Patel has been appointed as an additional director following the cessation of Mr. Navinchandra Patel. The company resolved tax disputes under the Direct Tax Vivaad se Vishwas scheme with a provision of Rs. 341.71 lakh. The auditors issued an unmodified opinion and confirmed the adequacy and effectiveness of internal financial controls. Loans of Rs. 215.57 lakh were outstanding at year-end, with no defaults or fraud reported. The company generated positive operating cash flow of Rs. 305.91 lakh and ended the year with Rs. 77.94 lakh in cash and cash equivalents.