Piotex Industries Ltd — Board Meeting, 30-05-2025: Board Meeting

Piotex Industries has announced a board meeting on 30 May 2025 where it approved the financial results for the quarter and half-year as well as the full year ended 31 March 2025, with the auditor expressing an unmodified opinion. The company reported total income of ₹134.7 Cr and a net profit of ₹3.36 Cr for the year. Earnings per share stood at ₹6.85. Piotex raised ₹13.22 Cr net proceeds via its IPO in FY25, fully utilized for working capital and corporate expenses. The company appointed Mr. Sunil Motwani as Internal Auditor for FY26 and Nirav Shah & Associates as Secretarial Auditor for FY25 and the next five years, subject to shareholder approval. Outstanding borrowings stood at ₹2.20 Cr.