Bulkcorp International Limited — Important, 30-05-2025: General Updates

Bulkcorp International Limited has announced a board meeting to review the financial results for the quarter and half-year. Revenue rose to Rs. 60.38 Cr for the half-year from Rs. 45.17 Cr last year, fueled by stronger FIBC bag manufacturing operations. Profit before tax stayed steady at Rs. 4.78 Cr. The company raised Rs. 18.33 Cr through an SME IPO, primarily used for capex and working capital. Despite steady profits, net cash from operations turned negative due to working capital changes. The audit was completed with a clean opinion.