Gillanders Arbuthnot & Company Limited — Others, 04-06-2025: Shareholders meeting

Gillanders Arbuthnot has announced a board meeting for the financial results for the quarter and half-year. Standalone revenue rose to ₹412.75 Cr from ₹330.43 Cr, with EBITDA jumping to ₹22.68 Cr and net profit at ₹15.04 Cr versus a previous loss. Consolidated revenue increased to ₹443.18 Cr, delivering a profit of ₹26.72 Cr against earlier losses. The tea division saw higher prices but lower crops, while the textile segment faced weak synthetic yarn demand. Engineering (MICCO) reported strong project execution and growth prospects. The board plans to pay preference share dividends pending shareholder approval. Audit reports were clean, with effective controls and no material litigations.