Polysil Irrigation Systems Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Polysil Irrigation Systems Limited has announced a board meeting on the audited standalone financial results for the year ended March 31, 2025. The company posted revenue of ₹138.88 Cr and a net profit of ₹2.07 Cr. Key costs were materials and employee expenses. Auditors confirmed clean financials. The board reviewed IPO fund utilization, with ₹5 Cr spent on working capital and ₹2.73 Cr on general corporate purposes, leaving ₹0.07 Cr in escrow. Management highlighted ₹3.66 Cr in long-overdue receivables but expects full recovery.