Banswara Syntex Reports Mixed Q1 Results: Revenue Up 12.7%, Garment Division Shines Aug 13, 2025
Banswara Syntex Reports 12.7% Revenue Growth in Q1, Garment Division Shines Aug 07, 2025
More news about Banswara Syntex
06Aug 25
Banswara Syntex Announces Key Leadership Changes: Ravindrakumar Toshniwal Moves to Vice-Chairman, Shaleen Toshniwal Promoted to Managing Director
Banswara Syntex Ltd has announced significant leadership changes effective August 7, 2025. Ravindrakumar Toshniwal will transition from Managing Director to Vice-Chairman, while Shaleen Toshniwal will be promoted from Joint Managing Director to Managing Director. Both will retain their existing terms and remuneration until December 31, 2026. The board also approved the unaudited financial results for Q1 ended June 30, 2025. Shareholder approval for these changes will be sought through a postal ballot. The trading window for the company's shares will reopen on August 9, 2025.
Banswara Syntex Ltd announced its Q4 financial results, showing a 15.45% year-over-year increase in EBITDA to ₹254.00 million and improved EBITDA margin of 7.48%. Revenue remained stable at ₹3.40 billion, while net profit declined to ₹59.00 million. The company declared a dividend of ₹1.00 per equity share.