Novateor Research Laboratories Ltd — Board Meeting, 30-05-2025: Board Meeting

Novateor Research Laboratories has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net profit of Rs. 11.32 lakh for the year on a total revenue of Rs. 325.31 lakh. Operating cash flow was negative at Rs. 93.69 lakh due to increased receivables and inventories, while financing activities generated Rs. 133.53 lakh mainly from share warrants. The Board also approved the conversion of 12.18 lakh warrants into equity shares at Rs. 28 each, raising Rs. 3.41 Cr and increasing paid-up capital to Rs. 6.05 Cr. The audit report includes qualifications on inventory valuation, employee benefit provisions, and segment reporting, but auditors found no material impact on profits.