Waterbase Ltd — Board Meeting, 30-05-2025: Board Meeting

The Waterbase Limited has announced a board meeting on May 30, 2025, approving the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported a challenging year marked by low feed volumes, reduced shrimp export realizations, global oversupply, softer pricing, and labor shortages, leading to a total income of Rs. 283 Cr and a loss after tax of Rs. 18.1 Cr for FY25. Despite pressures, focused initiatives and operational improvements are expected to drive recovery. Additionally, Mr. R Sureshkumar, CFO and Compliance Officer, has been appointed Company Secretary, consolidating key leadership roles.