Acknit Industries Ltd — Others, 18-08-2025: Others

Acknit Industries' FY24-25 Annual Report highlights robust performance, with revenue growing 9% to Rs 240.85 Cr and net profit rising to Rs 8.99 Cr. The company proposes a dividend of Rs 1.50 per share. Strategically, Acknit is expanding into industrial shoes and garments manufacturing, acquiring land for new facilities. Its core Hand Gloves and Garments segments significantly contributed to growth. Shareholders will consider director re-appointments and related party transactions vital for operational scale at the upcoming AGM. Credit ratings from ICRA remain stable at [ICRA]BBB.