A and M Jumbo Bags Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 07:08 pm
28-05-2025 | 07:08 pm
A and M Jumbo Bags Limited reported a turnaround with a net profit of ₹16.82 lakh for the year ended March 31, 2025, against a loss last year. Revenue held steady at ₹22.90 Cr but tight margins persisted. The board approved exploring new names, hinting at a strategic shift toward food and dairy sectors, and sanctioned relocating its registered office within Ahmedabad. However, the audit included a disclaimer over missing confirmations and inventory gaps, raising questions about financial clarity. No dividend or fundraising moves were disclosed.
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