Meenakshi Steel Industries Ltd — Board Meeting, 29-05-2025: Board Meeting

Meenakshi Steel Industries Limited has announced a board meeting outcome approving the financial results for the quarter and year. The company reported standalone net profit of Rs. 84.12 lakh and consolidated net profit of Rs. 81.04 lakh for the year. Total income stood at Rs. 18.71 Cr (standalone and consolidated) with finance costs around Rs. 15.37 Cr. The company’s core business remains finance and investment activities, with loans amounting to Rs. 159.16 Cr (standalone) and Rs. 159.16 Cr (consolidated). Cash and cash equivalents increased significantly to Rs. 2.92 Cr. Statutory auditors issued an unmodified opinion, confirming the financials provide a true and fair view.