Baroda Extrusion Ltd — Results, 29-05-2025: Result

Baroda Extrusion Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported revenue from operations of ₹4586.28 lakhs for the quarter and net profit after tax of ₹1865.40 lakhs for the quarter and ₹1972.19 lakhs for the period. An exceptional income of ₹18.84 Cr was recognized following a one-time settlement of outstanding loan liabilities worth ₹44.35 Cr for ₹25.51 Cr. Despite past losses and negative net worth, the company expects improvement in business performance and profitability over the next 2-3 years based on strategic initiatives and market conditions. Baroda Extrusion has appointed M/s Surti & Talati as its internal auditor for FY 2025-26. The auditor issued a qualified opinion citing unappropriated advances of ₹45.73 lakhs and continued recognition of deferred tax assets of ₹2.93 Cr, reflecting uncertainty over future taxable profits. The company is hopeful of enhancing operations and net worth through planned preferential capital infusion of ₹37 Cr, which is pending approval.