ALPHA TRIBE

Amarjothi Spinning Mills LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 07:22 pm

Amarjothi Spinning Mills Ltd has announced a board meeting on which it approved the audited standalone and consolidated financial results for the year ended March 31, 2025. The audit assigned an unmodified opinion, confirming clean financials. The Board has proposed a dividend of Rs. 2.20 per equity share (22% on face value). Standalone revenue stood at ₹213.99 Cr with net profit of ₹11.04 Cr; consolidated revenue was ₹231.68 Cr with net profit of ₹8.18 Cr. The company maintains a strong current ratio (~6.3), a low debt-equity ratio (~0.44), and improved profitability metrics. Internal financial controls are deemed adequate and effective. No material litigation or regulatory issues were reported.

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