IFB Industries Limited has informed the Exchange that the 49th AGM of the Company will be held on 30th July 2025 at 10.30 AM at Rangmanch, Rajkutir IHCL SELEQTIONS, 89 C Moulana Abul Kalam Azad Sarani, Phool Bagan, Kankurgachi, Kolkata 700054.
IFBIND · price
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IFB Industries has filed its Annual Report for FY 2024-25 and confirmed its 49th AGM will be held on July 30, 2025 at 10:30 AM in Kolkata. The company reported its highest-ever standalone revenue of ₹4,977.19 cr and PBDIT of ₹324.61 cr (6.52% margin), with PAT of ₹128.79 cr. Consolidated revenue stood at ₹5,126.89 cr with PAT of ₹118.91 cr. The company is net debt-free, with cash of ₹293.69 cr as of March 2025 rising to ₹344.10 cr by May 2025. Management acknowledged results were below internal targets due to weakness in the Appliances business and has engaged Alvarez & Marsal for a cost reduction programme targeting ₹200+ cr savings over 18 months. The Engineering Division's 3x growth ambition continues, with 49 M&A targets evaluated. Book closure is from July 24 to July 30, 2025.
Filing is a routine regulatory disclosure (Annual Report + AGM Notice) with no new material announcement beyond financial results already in the public domain. Shareholders should note the book closure window (July 24-30) for AGM eligibility, and that the AGM includes re-appointment of two directors and approval of a new secretarial auditor. Strong cash position and net debt-zero status remain positive support for the stock.