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Sai Silks (Kalamandir) LimitedBoard Meeting, 25-07-2025: Outcome of Board Meeting

25-07-2025 | 01:17 pm

Sai Silks (Kalamandir) Ltd's board has approved the financial results for the quarter, with Net Profit surging to Rs 30.06 Cr, a significant jump from Rs 13.51 Cr year-on-year, despite revenue dipping slightly to Rs 379.02 Cr. The board set August 22 as the record date for a Rs 1 final dividend per equity share. The 17th Annual General Meeting is scheduled for August 29. Notably, the company is debt-free on working capital borrowings, and the board suggested clearing the remaining Rs 16 Cr term loans. They also proposed M/s P S Rao & Associates as Secretarial Auditor for five years, pending shareholder approval.

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