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R&B Denims LtdOthers, 19-07-2025: Others

19-07-2025 | 12:46 pm

R&B Denims has released its Annual Report for the financial year ended March 31, 2025. The company's consolidated revenue increased by over 5% to Rs. 366.78 Cr, with net profit up 25% to Rs. 27.47 Cr. Notably, the company forayed into the garmenting segment and acquired a 67% stake in Ricon Textile Limited for Rs. 3.35 crore, commencing commercial production in April. The company has convened its Annual General Meeting to seek approval for various related party transactions, including significant sales/purchases and corporate guarantees up to Rs. 1000 Cr with subsidiaries, all part of its ordinary business. No dividend was declared, prioritizing funds for business expansion. The board also sees director re-appointments and regularization.

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