Indian Phosphate Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 11:46 am
30-05-2025 | 11:46 am
Indian Phosphate Limited has announced a board meeting on approving the financial results for the quarter and half-year. Consolidated revenue jumped to Rs. 884 Cr from Rs. 715 Cr year-on-year, while consolidated net profit held steady at Rs. 13.1 Cr. The company improved working capital by cutting borrowings from Rs. 701 Cr to Rs. 460 Cr. Capex is ongoing for a new manufacturing facility in Tamil Nadu, signaling expansion plans. Overall, the board confirms a solid financial position and positive growth outlook.
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