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The Baroda Rayon Corporation Ltd has announced a board meeting on May 30, 2025, during which it approved the financial results for the quarter and half-year ended March 31, 2025. The company reported a net profit of Rs. 24.36 Cr for the quarter and Rs. 40.35 Cr for the year. The real estate segment drove revenues and profits, while textile operations remain suspended since 2008, generating only other income. Exceptional items include forfeiture of Rs. 8.57 Cr from strategic investors due to delays in the rehabilitation scheme. The company settled secured loans amounting to Rs. 63.22 Cr during the year and reached agreements to settle unsecured loans subsequently. The auditors issued an unmodified opinion, confirming the company’s financial statements present a true and fair view. The board appointed M/s Patel & Associates as internal auditors and Mr. Manish R. Patel as secretarial auditor for the next five years, pending shareholder approval.