Vardhman Polytex Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Vardhman Polytex has announced a board meeting outcome approving the financial results for the quarter and half-year. The company posted total income of ₹310.68 Cr and net profit of ₹24.07 Cr for the year. It re-appointed M/s Ramanath Iyer & Co. as cost auditors for FY26. The company raised about ₹90.92 Cr by issuing 7.24 crore convertible warrants at Rs. 12.55 each, with partial conversion already done. Despite net worth erosion, management stays confident about sustaining operations across textiles and real estate segments.