Garg Furnace Ltd — Board Meeting, 30-05-2025: Board Meeting

Garg Furnace Limited has announced a board meeting on May 30, 2025, where the company approved the financial results for the quarter and half-year. The company generated revenue of ₹74.16 Cr in the quarter and ₹261.61 Cr for the year. Profit before tax stood at ₹3.28 Cr for the quarter and ₹7.64 Cr for the year. Earnings per share were ₹7.03 quarterly and ₹15.88 annually. The board also confirmed an unmodified audit report from Ashwani & Associates. The company, engaged in iron and steel manufacturing, reported no deferred tax asset recognition due to prudence and operates as a single business segment.