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Vruddhi Engineering Works LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 09:22 pm

Vruddhi Engineering Works Limited has announced a board meeting outcome where the board approved the audited financial results for the half year and year ended March 31, 2025. The audit report by Maheshwari & Co. expressed an unqualified opinion. Revenue from operations rose to ₹1,797.28 lakh for the half year. Profit before tax increased to ₹203.95 lakh for the year. The company utilized ₹365 lakh of its ₹476 lakh IPO proceeds primarily for working capital and issue-related expenses, with remaining funds kept in escrow and current accounts. The company focuses on mechanical slicing solutions for real estate and infrastructure via rebar couplers.

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