ALPHA TRIBE

Nahar Spinning Mills LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 04:23 pm

Nahar Spinning Mills Ltd has announced a board meeting approving the audited financial results for the quarter and year. Revenue rose to Rs. 3,284.56 Cr from Rs. 3,050.02 Cr last year, turning around to a profit before tax of Rs. 21.13 Cr versus a prior-year loss. The board declared a dividend of Rs. 1 per share (20%) for FY25, pending shareholder approval. They also appointed M/s. P.S. Bathla & Associates as Secretarial Auditor for five years from FY26. The numbers highlight improved operations and a solid return to profitability.

No comments yet. Be the first to comment!

All announcements from Nahar Spinning Mills Limited