Baroda Rayon Corporation Ltd — Results, 30-05-2025: Result

The Baroda Rayon Corporation Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025. The company reported total revenue of ₹102.73 Cr and a net profit of ₹40.35 Cr for the year. Exceptional items include a ₹8.57 Cr forfeiture from strategic investors who delayed funding, and ₹2.75 Cr written off for liabilities no longer payable. Secured loans of ₹63.22 Cr from strategic investors were settled during the year, while negotiations for unsecured loan settlements continue. Real estate remains the main operating segment, while textile operations are currently inactive. The Statutory Auditor issued an unmodified opinion. The board appointed M/s Patel & Associates as Internal Auditor and approved the appointment of Mr. Manish R. Patel as Secretarial Auditor, subject to shareholder approval.