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Paramount Dye Tec LimitedBoard Meeting, 01-06-2025: Outcome of Board Meeting

01-06-2025 | 08:41 pm

Paramount Dye Tec Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company posted a strong profit before tax of Rs. 916.78 lakh, despite higher expenses and finance costs. Inventory and trade receivables rose, leading to a net cash outflow from operations of Rs. 1211.52 lakh. Capital expenditure jumped to Rs. 2078.50 lakh as the company invested heavily in fixed assets. It also raised Rs. 243 lakh through fresh equity to boost liquidity. Focus remains on scaling recycled synthetic fiber yarn production for the textile B2B segment.

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