East India Drums and Barrels Manufacturing Ltd — Board Meeting, 30-05-2025: Board Meeting

East India Drums & Barrels Mfg. Ltd has announced a board meeting on which it approved the audited financial results for the quarter and financial year. The company reported total revenue of ₹271.21 Cr and a profit after tax of ₹3.60 Cr for the financial year, marking a recovery from a prior loss. Expenses mainly included materials consumption at ₹207.67 Cr and employee costs of ₹16.07 Cr. Other comprehensive income was negative at ₹0.15 Cr, resulting in total comprehensive income of ₹3.45 Cr. The company’s balance sheet shows a significant increase in assets to ₹133.00 Cr from ₹0.98 Cr, driven by higher inventories, receivables, and cash balance (₹20.69 Cr). Borrowings rose to ₹50.27 Cr reflecting expanded financing. No dividend was approved. This indicates operational growth and improved profitability post-merger, but also higher leverage and working capital requirements.