Yarn Syndicate Ltd — Board Meeting, 30-05-2025: Board Meeting
30-05-2025 | 06:11 pm
30-05-2025 | 06:11 pm
Yarn Syndicate Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025. The company reported standalone revenue of Rs 32.67 Cr and a profit of Rs 1.12 Cr for the quarter, with annual revenue of Rs 49.61 Cr and profit of Rs 1.37 Cr. On a consolidated basis, revenue stood at Rs 32.67 Cr for the quarter and Rs 54.16 Cr for the year. Consolidated profit was Rs 0.28 Cr for the quarter but showed a net loss of Rs 1.29 Cr for the year, impacted by loss from associate Stitched Textiles Limited. Cash flows reflect operational challenges with a net cash outflow from operations. Statutory auditors issued an unmodified opinion confirming the accuracy of the financials.
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