Ashapura Minechem Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Ashapura Minechem announced strong Q1 FY25-26 consolidated financial results. Income from operations soared 89.81% to ₹1355.57 Cr, with Profit Before Tax jumping 97.56% to ₹131.84 Cr. This surge was largely driven by record Guinea Bauxite exports of 2.05 MMT in the quarter, with port capacity set to expand to 27 MMT by Q1 FY26-27. The company also confirmed a significant ₹259.20 Cr litigation settlement in its favour, which will positively impact future tax. India businesses continue strong. Mrs. Neeta Shah resigned as Independent Director. The 44th AGM is set for September 24, 2025.