Nikhil Adhesives Reports Q2 Results, Announces Board Restructuring and AGM Date Aug 08, 2025
Nikhil Adhesives Limited reported a 23.39% decrease in revenue to Rs. 12,347.14 lakhs and a 29.20% drop in net profit to Rs. 356.74 lakhs for Q2 ended June 30. The company plans to reduce its trading division and focus on manufacturing operations. Board committees have been restructured, and a Risk Management Committee voluntarily adopted. The 39th AGM is scheduled for September 23, with proposals for new statutory and secretarial auditors. Nikhil Adhesives has also changed its inventory valuation method from FIFO to Weighted Average and Standard Cost methods.
Nikhil Adhesives Reports 28% Drop in Q1 Profit Amid Revenue Decline Aug 08, 2025
Nikhil Adhesives Reports Mixed Q4 Results: EBITDA and Profit Up, Revenue Down May 21, 2025