Maithan Alloys Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 04:55 pm
13-08-2025 | 04:55 pm
Maithan Alloys has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated Profit after Tax reached ₹536.14 Cr, translating to a Basic EPS of ₹184.17. Notably, these results were significantly boosted by ₹635.99 Cr in investment gains reported under 'Other Income'. Strategically, the Board greenlit the merger of Impex Metal & Ferro Alloys. The company also expanded its portfolio by acquiring 80% of Goldtree Impex, forming Maiuni Ventures LLP with a ₹25.10 Cr capital injection, and launching new subsidiaries for agriculture/food processing. A subsidiary's capital reduction is also awaiting NCLT approval.
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