Nirbhay Colours has announced its unaudited financial results for the quarter ended June 30, 2025, showing a return to profitability compared to the previous quarter.

Financial Highlights

The company reported a profit of Rs 1.38 crore for the quarter, marking a significant improvement from the loss of Rs 0.35 crore in the previous quarter. However, this profit is lower than the Rs 2.40 crore reported in the same quarter last year.

Revenue and Expenses

For the quarter ended June 30, 2025, Nirbhay Colours reported:

• Total income of Rs 10.58 crore, showing a significant increase from Rs 40.01 crore in the previous quarter.
• Total expenses stood at Rs 9.20 crore, down from Rs 42.49 crore in the previous quarter.

Other Key Metrics

• The company's paid-up equity share capital remained unchanged at Rs 335 crore.
• Earnings per share (EPS) for the quarter stood at Rs 0.04, compared to Rs (0.01) in the previous quarter and Rs 0.07 in the same quarter last year.

Board Meeting Details

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 7, 2025. The board meeting commenced at 1:00 PM and concluded at 2:00 PM.

Auditor's Review

A.L. Thakkar & Co., Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and generally accepted accounting principles in India.

Nirbhay Colours, formerly known as Parth Industries Limited, is listed on the BSE. The company's financial results are available on its website and the BSE website for investors and stakeholders to review.

Nirbhay Colours India Limited has announced significant changes to its corporate structure and business focus, subject to shareholder approval. The company has issued a postal ballot notice outlining two special resolutions that could reshape its future operations.

Proposed Name Change

The first major change proposed is a rebranding of the company. Nirbhay Colours India Limited is seeking to change its name to Craftroot Retail Limited. This new name has been made available by the Registrar of Companies, signaling a shift in the company's identity and market positioning.

Business Expansion and Object Clause Amendment

Alongside the name change, the company is proposing to amend its Memorandum of Association to expand its business scope. The new object clause would allow Craftroot Retail Limited to engage in:

• Manufacturing, processing, and designing of textile garments, fabrics, and yarns
• Bleaching, dyeing, dressing, and printing of textile products
• Production of hand-woven textiles, crafts, and clothing
• Wholesale and retail trade of textiles and textile products
• Import, export, and distribution of textile goods and garments
• Dealing in craft items and handicraft products

This expansion represents a significant pivot from the company's current operations to a comprehensive textile and retail business model.

Voting Process

Shareholders will have the opportunity to vote on these resolutions through a postal ballot. The e-voting period is scheduled to run from August 5 to September 3. The company has appointed Mrs. Rupal Patel, a practicing Company Secretary, as the scrutinizer for the e-voting process.

Management's Perspective

The Board of Directors believes that these changes will enable the company to capitalize on market opportunities in the textile and retail sectors. The proposed name change to Craftroot Retail Limited is seen as a step towards enhanced branding and better representation of the company's new business direction.

Implications for Shareholders

It's important to note that the proposed name change will not affect any rights of the company or its shareholders. Existing share certificates will remain valid even after the name change is implemented.

Shareholders are encouraged to participate in the voting process to have their say in these significant corporate decisions. The results of the postal ballot are expected to be announced by September 6.

As Nirbhay Colours India Limited stands on the cusp of a potential transformation, the outcome of this postal ballot could mark the beginning of a new chapter for the company in the textile and retail industry.