Cravatex Ltd — Others, 10-07-2025: Others

Cravatex Limited has announced a board meeting on 6th August, 2025 to consider the financial results for the quarter and half-year. The company proposes a final dividend of Rs.12.50 per equity share (125%) for the financial year 2024-25. Mr. Rohan Batra retires by rotation and offers himself for re-appointment. Ms. Rina Suresh Deora has been appointed as an Additional Independent Director for a term of five years, subject to members' approval. The company’s revenue from textile trading increased significantly during the year, while lease income remained steady. Profit after tax rose to Rs.486.31 lakhs from Rs.353.81 lakhs. The subsidiary BB (UK) Ltd reported a turnover decline but improved profit after tax by 10%. The company remains debt-free with a strong net worth of Rs.2150 lakhs and continues to focus on risk management, internal controls, and corporate governance.