Indian Acrylics Ltd — Results, 30-05-2025: Result

Indian Acrylics Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported consolidated and standalone net losses of ₹308.7 Cr and ₹308.6 Cr respectively for the year. Revenue from operations declined to ₹313.79 Cr from ₹413.10 Cr last year. Fibre segment reported a profit before tax and finance cost, but the yarn segment continues to incur losses, impacting overall profitability. The board approved the appointment of new secretarial, internal, and cost auditors and appointed Mrs. Surabhi Malik, IAS, as Non-Executive Nominee Director and Chairperson, replacing Smt. Parampal Kaur Sidhu. The financials reflect continuing operational challenges and pressure on margins, which are critical for stakeholders to monitor going forward.