Lorenzini Apparels Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Lorenzini Apparels Limited has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year. Quarterly revenue climbed to ₹13.92 Cr, though the company posted a net loss of ₹6.37 Cr due to higher expenses. For the year, profit after tax rose to ₹5.84 Cr on income of ₹66.84 Cr. The company raised ₹21 Cr through preferential equity share warrants, primarily fueling growth initiatives while temporarily investing in equity markets. Healthy operational cash flows are supporting stability despite some swings in inventory and receivables.