Hind Rectifiers Limited has informed the Exchange that Board of Directors at its meeting held on May 05, 2025, declared Select Dividend of Rs. 2 per equity share.
HIRECT · price
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The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose to Rs. 655.37 crore (vs Rs. 517.55 crore last year), a growth of about 26.6%. Net profit after tax jumped to Rs. 37.27 crore (vs Rs. 12.51 crore), nearly tripling year-on-year, helped by strong operational performance and the absence of exceptional items that had hurt the previous year. The Board recommended a final dividend of Rs. 2 per share (100% of face value), up from Rs. 1.20 last year. The Board also approved a Rs. 52 crore expansion of the Sinnar plant for backward integration, land acquisition up to Rs. 50 crore for future growth, and the formation of a new subsidiary for global expansion, while deferring the planned Sweden and France subsidiaries.
Strong double-digit revenue growth and a sharp jump in profits signal healthy business momentum, likely to be viewed positively by shareholders. The higher dividend and clear expansion plans (Sinnar plant, new subsidiary) point to confidence in future growth, though capex commitments of roughly Rs. 100+ crore may pressure near-term cash flows.