Somi Conveyor Beltings Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 04:22 pm
30-05-2025 | 04:22 pm
Somi Conveyor has announced a board meeting on May 30, 2025, approving the financial results for the quarter and year ended March 31, 2025. The company posted revenue of Rs 24.41 Cr and net profit of Rs 5.49 Cr for the full year, reflecting healthy growth. Return on equity rose to 7.43%, while debt remains low at 0.28x, indicating financial stability. To boost governance and cost efficiency, B. P. Bang & Co. and Anchal Jain & Co. have been appointed as internal and cost auditors for FY26 respectively.
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