VTM Ltd — Others, 10-06-2025: AGM/EGM

VTM Limited has announced a board meeting to consider the financial results for the quarter and half-year ending June 30, 2025. The company reported robust financial performance for the year ended March 31, 2025, with turnover rising significantly to ₹344.53 Cr from ₹207.97 Cr the previous year, driven mainly by a 64.11% export share and strong Home Textiles sales. Profit after tax surged to ₹45.37 Cr from ₹18.29 Cr due to higher export volumes, improved product mix, and cost discipline. The Board has recommended a dividend of Re. 0.75 per share. Capital expenditure included Rs. 3.55 Cr on four new Italian rapier looms, Rs. 2.10 Cr to expand rooftop solar capacity, and Rs. 6.0 Lakh for energy-saving heat recovery systems supporting the firm’s ESG initiatives. The company maintains a strong balance sheet with a current ratio of 10.07 and low debt-equity ratio of 0.13, reflecting stable liquidity and prudent financial management. Key management personnel include CMD K. Thiagarajan and CFO K. Deenadayalan. Related party transactions remain at arm’s length. No material regulatory or legal issues impact operations.