Quarterly Result25 Jul 2025, 07:53 pm
GRP Ltd. Announces Q1 2025 Financial Results with 12% Revenue Growth and Approves ECB Reduction
AI Summary
GRP Ltd. announced its financial results for the quarter ended 30th June, 2025, revealing a 12% growth in revenue from operations. The company's Board of Directors also approved a reduction in the existing External Commercial Borrowings (ECB) from EUR 15,000,000 to EUR 12,000,000. Additionally, the company plans to procure power from solar renewable sources for Gujarat and Maharashtra manufacturing locations under group captive arrangement.
Key Highlights
- GRP Ltd. reports a 12% YoY growth in revenue from operations for Q1 2025
- The company's Board of Directors approves a reduction in the existing ECB from EUR 15,000,000 to EUR 12,000,000
- GRP Ltd. plans to procure power from solar renewable sources for Gujarat and Maharashtra manufacturing locations