Zenith Steel Pipes & Industries Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Zenith Steel Pipes & Industries has announced a board meeting on approving the financial results for the quarter and half-year, posting a consolidated profit of Rs. 22.51 lakhs for FY25 against last year’s loss. Revenue slipped to Rs. 129 Cr from Rs. 148 Cr due to lower sales volumes. Despite negative net worth from past losses, some manufacturing units remain operational as the company pursues revival plans centered on efficiency and new business avenues. New secretarial and internal auditors have been appointed for FY26. Management stays confident amid ongoing loan restructuring and recovery disputes.