Comfort Intech Reports Strong Q1 Results, Expands into Agricultural Commodities
Comfort Intech Limited announced robust Q1 financial results with consolidated net sales of Rs. 2,746.39 lakhs and PAT of Rs. 510.76 lakhs. The company's liquor division was the top revenue contributor. The Board approved an MOA amendment to include agricultural commodities business, subject to shareholder approval. A final dividend of Rs. 0.07 per share was declared, with the AGM scheduled for September 25.
01Aug 25
Comfort Intech Invokes Arbitration Against Orient Electric Over Vendor Agreement Breach
Comfort Intech Limited has invoked arbitration proceedings against Orient Electric Limited due to an alleged breach of their Vendor Agreement for online sales. The arbitration will be conducted under the Delhi International Arbitration Centre. While the exact claims are yet to be determined, Comfort Intech's board suggests the financial implications could be material. The company has informed the BSE of this development in compliance with SEBI regulations.