Libas Consumer Products Limited — Board Meeting, 13-06-2025: Outcome of Board Meeting

Libas Consumer Products has announced a board meeting approving its audited consolidated financial results for FY25. Consolidated revenue rose to ₹91.91 Cr from ₹74.29 Cr, but profit before tax halved to ₹2.94 Cr, with net profit at ₹2.64 Cr. Challenges included inventory overstatement of ₹11.87 Cr, doubtful loans and receivables worth nearly ₹4.96 Cr, and a ₹2.5 Cr retail store fire (insured). The garment segment’s profits were under pressure, while rock salt margins stayed steady. Cash position improved to ₹15.30 Cr. No dividend declared. The audit carried a modified view due to these issues.