ALPHA TRIBE

Vardhman Polytex LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 04:55 pm

Vardhman Polytex's Board has approved the financial results for the quarter ended June 30, 2025. The company achieved a significant turnaround, swinging from a net loss of ₹10.25 Cr in the prior year to a net profit of ₹0.56 Cr this quarter. Total comprehensive income also saw a strong positive shift, reporting ₹10.52 Cr compared to a loss of ₹10.84 Cr last year. Strategically, the company reclassified land for a potential residential project, pending approvals. They also secured a new term loan from NOX Financial Services and established fresh material sourcing and sales arrangements.

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