ALPHA TRIBE

Primo Chemicals LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 03:54 pm

Primo Chemicals has announced a board meeting on which approved the financial results for the quarter and half-year. The company reported revenue from operations of Rs 155.42 Cr for the year, with total expenses at Rs 149.75 Cr, resulting in a profit before tax of Rs 10.09 Cr. After tax adjustments, the net profit stood at Rs 2.35 Cr, marking a significant turnaround from the previous year's loss. The consolidated results include 49% equity in associate FlowTech Chemicals. The auditor issued an unmodified opinion, confirming no impairment provisions on investments and affirming the company’s going concern status.

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