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Emerald Tyre Manufacturers specializes in manufacturing, supplying, and servicing a wide range of tyres
Emerald Tyre's board has approved its full-year financial results. Consolidated total income reached ₹225.14 Cr, with net profit at ₹10.31 Cr. The company's board has also declared a dividend of ₹1.00 per equity share for shareholders, pending approval.
ETML commenced operations of its new mixing unit at the Gummidipoondi, Thiruvallur plant. This strategic operational upgrade enhances manufacturing capacity, signaling potential for increased output and business development.
Emerald Tyre Manufacturers received a ₹13,000 fine from NSE for a temporary vacancy in the Compliance Officer role. The company has paid the fine, and the position is now filled, addressing the non-compliance and ensuring ongoing adherence to regulations.
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Emerald Tyre Manufacturers Limited reports disciplined use of Rs.47.37 Cr raised via IPO, with Rs.37.41 Cr deployed mainly for capital expenditure and corporate purposes. Audit and management reviews found no issues, reflecting effective fund management aligned with growth and operational plans.