Modern Threads (India) Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Modern Threads has announced a board meeting on which it approved the audited financial results for the quarter and year ended March 31, 2025. The company reported income of Rs 300.49 Cr and a net profit of Rs 34.78 Cr for the year. Mr. Rajesh Ranka was re-appointed Chairman and Managing Director for three years, pending shareholder nod. S. Goyal & Co. continues as Cost Auditor for FY26, while R.K. Jain & Associates join as Secretarial Auditor for five years, also subject to approval. The firm is working through its cumulative preference share dividend dues.