This marks a positive start to the fiscal year for the company.
Detailed revenue and margin figures were not disclosed in the brief.
The performance reflects strong demand and improved efficiency.
Pradhin Ltd Reports ₹7.17 Crore Profit in June Quarter
The company posts a strong financial performance for Q1 FY25.
Pradhin Ltd Reports profit Mint
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Pradhin Ltd, which is engaged in steel raw material supply and agri waste management, on Wednesday reported a net profit of ₹7.17 crore for the quarter ending June on higher income.
Total income of the company jumped multi-fold to ₹18.34 crore as against ₹51.47 lakh in the corresponding period of FY2024-25, the company said in a statement.
Pradhin Director Jay Rajeshbhai Patel said the financial performance is a reflection of the company’s strategic expansion, focused transition and efficient use of the resources
The company is committed to sustaining the performance through efficient supply chain management and product diversification, Patel added.
Pradhin made a foray into the agricultural waste management and processing business. The company in the last fiscal had raised ₹48.32 crore from a rights issue to fund its expansion plans.
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