ALPHA TRIBE

Chamunda Electrical LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 06:00 pm

Chamunda Electrical Limited has announced a board meeting approving the financial results for the quarter and half-year, reporting revenue of ₹25.29 Cr and net profit of ₹3.36 Cr for the full year. Profit before tax stood at ₹4.49 Cr, with tax expenses of ₹1.14 Cr, and an EPS of ₹3.17 post bonus. The board appointed Mr. Nikunj Sureshbhai Modi as Internal Auditor for FY26 and reappointed M/s SS Lunkad & Associates as Secretarial Auditor for FY25 and the next five years, pending shareholder approval. Most of the ₹14.6 Cr IPO funds have been used for working capital, loan repayment, and corporate expenses, with some parked in fixed deposits.

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