Prizor Viztech Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 05:53 pm
28-05-2025 | 05:53 pm
Prizor Viztech has announced a board meeting on which it approved the consolidated financial results for the quarter and half-year. Revenue soared to ₹71.09 Cr from ₹35.65 Cr YoY, led by stronger operations. Profit before tax doubled to ₹13.66 Cr, with net profit hitting ₹10.15 Cr versus ₹5.52 Cr last year. The company boosted paid-up capital to ₹10.69 Cr following an IPO, signaling equity expansion. New secretarial and internal auditors were appointed, alongside adoption of updated governance policies. Rising inventory and receivables indicate growth, though operating cash flow remains negative due to working capital buildup.
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