Nexxus Petro Industries Ltd — Board Meeting, 29-05-2025: Board Meeting

Nexxus Petro Industries Limited has announced a board meeting on 29th May 2025 where it approved and took on record the audited financial results for the half-year and financial year ended March 31, 2025, accompanied by an unmodified audit opinion from Keyur Shah & Associates. Revenue from operations rose to ₹30,493.34 lakhs for the year, with a net profit after tax of ₹5,087.8 lakhs, compared to ₹3,520 lakhs the previous year. The company’s equity increased to ₹3,226.79 lakhs, supported by IPO proceeds of ₹17.48 Cr (net of expenses) utilized mainly for working capital and general corporate purposes. Strong operating cash flow and increased inventories and receivables reflect ongoing business expansion in bitumen manufacturing and trading.