The Board of Directors, at its meeting held on May 21, 2025, approved the Audited Financial Statements for FY 2024-25, scheduled the 39th AGM for July 10, 2025, fixed the book closure dates ....
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The Board of Ashirwad Steels & Industries approved audited standalone financial results for the quarter and year ended March 31, 2025. Total income stood at ₹429.94 lakhs against ₹439.94 lakhs in FY24, with revenue from operations rising about 15% to ₹287.42 lakhs but other income falling. Profit after tax was ₹229.66 lakhs versus ₹225.51 lakhs, a marginal increase of under 2%. The statutory auditor (C.K. Chandak & Co.) issued an unmodified opinion, confirmed by the CFO under SEBI Regulation 33(3)(d). The 39th Annual General Meeting has been scheduled for July 10, 2025, with the register of members closed from July 4 to July 10, 2025. The Board also appointed M/s. RSG & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
Routine procedural and results announcement with a clean audit report. FY25 earnings were broadly flat year-on-year despite higher core operating revenue, and no major business or capital action was announced, so this is unlikely to move the stock meaningfully.