ALPHA TRIBE

Oriental Trimex LimitedOthers, 31-07-2025: Shareholders meeting

31-07-2025 | 09:45 pm

Oriental Trimex reported a strong financial turnaround for the recent fiscal year, achieving a profit after tax of **8.57 Cr**, a significant improvement from last year's **6.50 Cr** loss. This was largely driven by a **29.84 Cr** profit from asset sales. The company's paid-up share capital increased to **73.51 Cr** following a successful rights issue, which helped facilitate the repayment of a **38.25 Cr** secured loan. At the Annual General Meeting, shareholders approved the financials, re-appointed the Managing Director, and appointed new independent, statutory, and secretarial auditors. Operational expansions include a new Jet Black Granite quarry and an advanced marble processing machine. A new showroom for 'Rare Earth' vitrified tiles is also set to open.

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