Nirman Agri Genetics Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Nirman Agri Genetics Limited has announced a board meeting in which it approved the financial results for the quarter and half-year, reporting a net profit of ₹13.65 Cr, up from ₹10.40 Cr last year. Revenue rose to ₹124.07 Cr, boosted by higher sales and inventory buildup. The board appointed Mr. Kailas Pandharinath Pagare as an Independent Director and accepted Ms. Riddhi Nitin Aher’s resignation. IPO proceeds are fully utilized, mainly for working capital and corporate expenses, with cash and cash equivalents jumping to ₹25.87 Cr, signaling solid liquidity.