Jet Knitwears Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting
29-05-2025 | 06:16 pm
29-05-2025 | 06:16 pm
Jet Knitwear has announced a board meeting on the financial results for the quarter and half-year, reporting consolidated revenue of Rs 28.17 Cr, down from Rs 32.85 Cr YoY. The company turned profitable with a net profit of Rs 0.35 Cr, rebounding from prior losses. Operating costs, including materials and employee benefits, remained steady. Cash flow from operations stayed positive, though cash balances dipped to Rs 1.06 Cr from Rs 1.77 Cr. No dividends, fundraises, or strategic moves were announced. The audit report came through clean.
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