AREX Industries Reports Q1 Results, Approves Director Reappointments and Business Expansion

1 min read     Updated on 13 Aug 2025, 08:51 PM
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Overview

Arex Industries, a textile label manufacturer, reported Q1 revenue of Rs. 1,126.73 lakhs and net profit of Rs. 24.69 lakhs. The company reappointed three Managing Directors and plans to expand into packaging materials. The 36th AGM is scheduled for September 29, 2025, with book closure from September 23-29, 2025. E-voting for the AGM will be available from September 26-28, 2025.

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Arex Industries , a textile label manufacturer, has announced its financial results for the first quarter, along with several key corporate decisions made during its recent board meeting.

Financial Performance

The company reported a revenue from operations of Rs. 1,126.73 lakhs for Q1, with a net profit of Rs. 24.69 lakhs. The basic earnings per share stood at Rs. 0.69 for the quarter.

Particulars (Rs. in Lakhs) Q1 (Unaudited)
Revenue from Operations 1,126.73
Total Income 1,127.02
Total Expenses 1,092.93
Profit Before Tax 34.08
Net Profit 24.69
EPS (Basic & Diluted) 0.69

Management Reappointments

The Board of Directors has approved the reappointment of three Managing Directors, subject to shareholder approval:

  1. Mr. Dinesh Apparao Bilgi
  2. Mr. Neel Dinesh Bilgi
  3. Mr. Chirag Dinesh Bilgi

Each director's term is set from August 1, 2026, to July 31, 2029. These reappointments reflect the company's commitment to maintaining leadership continuity.

Business Expansion

In a strategic move to diversify its operations, Arex Industries has approved amendments to its Memorandum of Association. The company plans to expand its business activities into the packaging materials sector, including:

  • Aluminium foils coating, lamination, and printing
  • Cardboard packing
  • Plastic packing
  • Polythene packing
  • Various packaging solutions

This expansion aims to broaden the company's product portfolio and potentially open up new revenue streams.

Annual General Meeting and Book Closure

The 36th Annual General Meeting (AGM) of Arex Industries is scheduled for September 29, 2025, and will be conducted via video conferencing. The company has set the book closure dates from September 23 to September 29, 2025 (both days inclusive).

E-voting Details

For the upcoming AGM, the company has provided the following e-voting schedule:

  • Cut-off Date: September 22, 2025
  • E-voting Commencement: September 26, 2025, at 9:00 a.m. (IST)
  • E-voting Conclusion: September 28, 2025, at 5:00 p.m. (IST)

Arex Industries continues to adapt to changing market dynamics with its expansion plans while maintaining its core business in textile labels. The company's focus on governance and shareholder engagement is evident in its detailed AGM and e-voting arrangements.

Historical Stock Returns for Arex Industries

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