The Exchange had sought clarification from Gujarat Raffia Industries Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.
GUJRAFFIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Raffia Industries Limited submitted its audited financial results for Q4 and year ended March 31, 2025 in response to a Stock Exchange query. Revenue from operations declined marginally to Rs 3,004.14 lakhs from Rs 3,091.21 lakhs in FY24 (approx 2.8% decline). Profit after tax stood at Rs 52.24 lakhs vs Rs 53.92 lakhs in prior year. The statutory auditor A.N. Ruparel & Co. issued an Unmodified Opinion, confirming clean financials with no qualifications. Operating cash flow improved significantly to Rs 770.34 lakhs from Rs 514.71 lakhs. The company has only one reportable segment (PE Tarpaulin, HDPE/PP Woven Sacks and Fabrics). Company Secretary Neha Shyam Singh Tomar resigned during the period.
The company delivered a flat to slightly declining performance with PAT marginally lower. An unmodified audit report is positive as it means no audit concerns. However, revenue decline of ~3% may be viewed negatively by investors looking for growth.