Precot Limited — Others, 22-07-2025: Shareholders meeting

Precot has announced its Annual General Meeting for the adoption of financial results. The company's net profit rose to ₹3.29 Crore for FY25 from ₹1.68 Crore in FY24, with revenue from operations reaching ₹86.82 Crore. A dividend of ₹3 per share for FY25 is proposed for shareholder approval. The Hindupur spinning unit's operations were discontinued due to persistent losses; its assets will be utilized to modernize other units. The technical textile division demonstrated strong performance, with overall spinning operations anticipated to gain from asset optimization. Key management reappointments are also slated for shareholder endorsement.