Vardhman Polytex Limited — Others, 30-07-2025: Shareholders meeting

Vardhman Polytex has announced its Annual General Meeting to approve financial results for the year ended March 31, 2025. The company's revenue declined to Rs. 284.98 Cr from Rs. 370.64 Cr last year, primarily due to Bathinda and Ludhiana unit closures. However, it turned profitable with a PBT of Rs. 14.92 Cr, up from a Rs. 26.76 Cr loss. Management is exploring monetizing land assets and entering real estate to boost cash flow, despite current debt repayment defaults. Key leadership and auditor appointments are also on the agenda for shareholder approval.