Vippy Spinpro Ltd — Others, 06-08-2025: Others

Vippy Spinpro has announced its 33rd Annual General Meeting. For the financial year ending March 31, 2025, the company reported total revenue of ₹279.45 Cr, a notable increase from ₹249.63 Cr last year. Profit after tax also significantly rose to ₹11.49 Cr from ₹4.35 Cr. The company is undertaking an expansion project costing an estimated ₹59.03 Cr, to be funded by term loans and internal accruals. To conserve resources, no dividend has been proposed. Shareholders will consider the re-appointment of a Whole Time Director and a revision in the Managing Director's remuneration. Key risks include volatile cotton and oil prices, and manpower availability. The company maintains a 'CARE BBB+; Stable' credit rating.