Ind-Swift Limited — Board Meeting, 25-06-2025: Outcome of Board Meeting

Ind Swift Limited has announced a board meeting outcome approving the audited consolidated financial results for the quarter and half-year ended March 31, 2025. The company reported revenue from operations of Rs 515.23 Cr and a profit after tax of Rs 283.45 Cr, a robust jump compared to last year’s Rs 14.23 Cr. Exceptional items worth Rs 279.97 Cr mainly reflect balance written back/written off. The firm completed the sale of Unit III’s plant & machinery and ongoing sale of land/buildings, reflecting healthy asset monetization. The board also confirmed that the merger scheme with Ind Swift Laboratories Ltd is pending NCLT approval.