ALPHA TRIBE

Apis India LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 09:23 pm

APIS India Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported consolidated revenue from operations of Rs. 3503.49 Cr and profit before tax of Rs. 285.74 Cr for the year. Profit after tax stood at Rs. 210.21 Cr on a standalone basis and Rs. 253.37 Cr on a consolidated basis, including share of profit from associates. Earnings per share were Rs. 38.18 standalone and Rs. 46.01 consolidated. The auditors issued an unmodified opinion. The company recognized an expected credit loss of Rs. 1.96 Cr on disputed trade receivables but expects recovery covered under ECGC. Delays in foreign currency proceeds aggregating Rs. 6.50 Cr are under regularization, with no material penalties anticipated. Cash flows from operations improved to Rs. 5.86 Cr. Total equity increased reflecting retained earnings growth.

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