Texmo Pipes and Products Limited has informed the Exchange regarding 'Submission of machine readabale and searchable file pertaining to Financial Results as per Outcome of Board Meeting held on May 29, 2025 being submitted as per E-mail from NSE'.
TEXMOPIPES · price
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Texmo Pipes and Products Limited's board, at its meeting on May 29, 2025, approved the audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025, along with the statement of assets and liabilities and cash flow statement. Standalone profit before tax rose to Rs. 1,669.46 lakhs (vs Rs. 1,506.46 lakhs in FY24), with net profit of Rs. 1,283.07 lakhs and EPS of Rs. 4.40. Consolidated profit before tax was Rs. 1,733.08 lakhs, though the group reported a net loss of Rs. 5,508.26 lakhs for FY25. The board also appointed M/s Saurabh Parikh & Associates as Cost Auditor (FY 2025-26), Mr. Dinesh Kumar Gupta as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and Mrs. Neha Shroff as Internal Auditor for FY 2025-26. The statutory auditor issued an unmodified opinion on the results.
Mixed signals for shareholders – standalone profitability and cash position strengthened sharply (cash up from Rs. 16.51 lakhs to Rs. 2,285.03 lakhs), but the consolidated bottom line swung to a loss, likely due to exceptional items or subsidiary-level issues. The unqualified audit opinion and routine auditor appointments are procedural positives.