Rappid Valves has announced a board meeting to review the financial results for the quarter and half-year.

The company posted FY2024-25 revenue of ₹5.23 Cr and profit before tax of ₹0.82 Cr, up from ₹0.55 Cr last year.

Operating cash flow turned negative due to increased working capital, while financing activities benefited from a ₹2.69 Cr IPO inflow.

IPO proceeds of ₹30.41 Cr have been mainly used for capex, debt repayment, and corporate needs, with ₹8.37 Cr reserved for inorganic growth opportunities.