Royal Arc Electrodes Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 03:37 pm
28-05-2025 | 03:37 pm
Royal Arc Electrodes Limited has announced a board meeting on approval of the financial results for the quarter and half-year, reporting a profit of ₹9.01 Cr, down from ₹12.13 Cr last year, on revenues of ₹101.77 Cr. Operating profit took a hit due to a one-off tax settlement of ₹0.50 Cr. EPS stood at ₹9.49. The board appointed J.H. Gandhi & Co. as statutory auditors and finalized other key auditor appointments. IPO proceeds of ₹21.6 Cr were fully deployed, with cash and bank balances rising to ₹19.30 Cr, highlighting healthy post-IPO liquidity.
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