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NHC Foods LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 09:28 pm

NHC Foods Limited has announced a board meeting on which it approved the audited standalone and consolidated financial results for the year ended March 31, 2025, with unmodified audit opinions. Revenue from operations rose sharply to Rs. 341.41 Cr standalone and Rs. 347.88 Cr consolidated, driven by increased stock purchase and improved inventories. Profit before tax increased to Rs. 8.59 Cr standalone and Rs. 8.97 Cr consolidated, while net profit stood at Rs. 6.69 Cr standalone and Rs. 7.08 Cr consolidated. The company consolidated its foreign subsidiary acquired in April 2024, reflecting its expanding business. EPS stood at Rs. 0.31 standalone and Rs. 0.33 consolidated. The full proceeds of Rs. 47.42 Cr raised via a rights issue were fully utilized as planned, primarily for working capital and loan repayment.

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