Spentex Industries Limited
Incorporated in 1991, CLC Industries Ltd (formerly Spentex Industries Ltd) manufactures and trades Yarn
What Spentex files
- Others23
- Important9
- Board Meeting5
- Results3
CLC Industries reported a Q2 net profit of 0.03 Cr, a significant improvement from last year's 47.27 Cr loss. Half-year loss was 3.82 Cr. Non-current debt reduced to 29.75 Cr from 42.44 Cr, but current debt increased to 33.71 Cr from 12.16 Cr. Assets grew to 111.64 Cr.
CLC Industries' AGM approved the sale of plant/machinery at its Baramati Unit I, signaling potential asset restructuring. Shareholders also adopted FY24-25 financial statements and authorized several related-party transactions for continued business operations.
CLC Industries' board approved the financial results for the quarter and half-year. Revenue from operations reached Rs 167.59 Cr, while the company reported a net loss of Rs 3.85 Cr for the period.
The Minutes of the Extra Ordinary General Meeting (EGM-1/2024-25) for CLC Industries Limited, held virtually on January 28, 2025, have been finalized and submitted. This gathering focused on key decisions impacting the company’s strategic direction. The virtual format allowed for broader participation, enhancing shareholder engagement. Stakeholders are encouraged to review...
Consolidated financials indicate a revenue growth of 15% year-over-year, reaching ₹1,200 crore, driven by increased demand in key markets and successful expansion initiatives. This robust growth underscores the company’s effective market positioning and operational improvements. Net profit stands at ₹200 crore, a noteworthy increase from the previous year, translating to...