ALPHA TRIBE

Rico Auto Industries LimitedBoard Meeting, 12-08-2025: Outcome of Board Meeting

12-08-2025 | 03:52 pm

Rico Auto's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹543.46 Cr, with a profit of ₹16.72 Cr. Earnings per share were ₹1.24.

A key strategic update is the NCLT's approval for the merger of Rico Fluidtronics with Rico Jinfei Wheels, effective April 1, 2023. Additionally, the board appointed M/s. PG & Associates as the Secretarial Auditor for a five-year term (FY2025-26 to FY2029-30), pending shareholder approval at the upcoming Annual General Meeting.

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