Rolex Rings Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

Rolex Rings has announced that its board met on August 11, 2025, to approve the standalone financial results for the quarter ended June 30, 2025.

For the quarter, revenue from operations stood at ₹291.58 Cr, with a net profit of ₹49.16 Cr.

A key point highlighted in the financial review relates to an ongoing demand of ₹227.86 Cr from a consortium of banks regarding a 2013 settlement. The company has provisioned ₹50.6 Cr, and discussions are continuing. The final impact remains to be seen.