ALPHA TRIBE

Yarn Syndicate LtdOthers, 26-08-2025: Others

26-08-2025 | 04:09 pm

Yarn Syndicate will hold its 79th Annual General Meeting to approve the financial results for FY2024-25. The company reported a standalone revenue of Rs. 49.61 Cr and a net profit of Rs. 1.37 Cr. Consolidated revenue reached Rs. 54.30 Cr, but resulted in a net loss of Rs. 1.02 Cr. Shareholders will vote on re-appointing a director and auditors. Significant approvals are also sought for related party transactions, each up to Rs. 50 Cr, with five entities to foster operational synergies. Notably, Stitched Textiles transitioned from a subsidiary to an associate in June 2024 due to reduced ownership.

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