Raghuvir Synthetics' profit more than doubles in 2024-25

Raghuvir Synthetics Limited announced a remarkable financial performance for the year 2024-25, with total income reaching ₹33,688.23 Lakhs, up from ₹24,398.80 Lakhs in the previous year. The company's profit after tax (PAT) more than doubled to ₹906.21 Lakhs, compared to ₹474.24 Lakhs in 2023-24. Despite this growth, the Board of Directors did not recommend a dividend to conserve financial resources.

The company engaged in significant material related-party transactions for FY 2025-26, including those with Dreamsoft Bedsheets Private Limited (up to ₹50 Crores), HYS Industries Private Limited (up to ₹250 Crores), Raghuvir Exim Limited (up to ₹750 Crores), HYS Developers LLP (up to ₹150 Crores), HYS Lifecare LLP (up to ₹150 Crores), and The Sagar Textile Mills Private Limited (up to ₹100 Crores). These transactions cover sales, purchases, and services, all conducted at arm's length and in the ordinary course of business.

Key financial ratios also improved, with the Debt-Equity Ratio decreasing by 26.62% to 1.02, and Return on Net Worth/equity increasing by 48.21% to 29.45%. Net Profit Margin rose by 50% to 3.00%. The company has also addressed prior observations from its Secretarial Auditor, including the "Suspended" status on the Calcutta Stock Exchange and delays in filling a Company Secretary vacancy.