Shantai Industries Ltd — Updates, 02-06-2025: Company Update
02-06-2025 | 11:56 am
02-06-2025 | 11:56 am
Shantai Industries Limited has announced a board meeting on May 30, 2025, where it approved the financial results for the quarter and half-year ended March 31, 2025. The company posted a profit of Rs. 30.63 lakh for the year, reversing a loss in the previous year, supported by revenue of Rs. 20.34 crore. Operating cash flow declined due to increased receivables and inventories, but financing activities saw a Rs. 2.9 crore rise in borrowings. The audit report was unmodified, confirming accuracy and compliance. This indicates improved profitability and ongoing investment, relevant for shareholders monitoring operational recovery and liquidity.
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