Pursuant to Regulation 30 of the SEBI (LODR) Regulation 2015, we wish to inform you that the Company intend to set up a 1 Megawatt Solar Facility at our Factory at Izzatnagar, Bareilly. ....
IWP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Indian Wood Products Company Ltd reported strong FY25 results with standalone revenue rising to ₹22,580.82 lakhs (from ₹19,173.62 lakhs in FY24, up ~18%) and net profit after tax jumping to ₹367.79 lakhs (from ₹259.01 lakhs, up ~42%). Consolidated net profit rose to ₹520.15 lakhs (from ₹365.82 lakhs), helped by a ₹161.36 lakh share of profits from its Singapore joint venture (Agro & Spice Trading Pte Ltd). The statutory auditor (S K Agrawal & Co) issued an unmodified (clean) opinion on both standalone and consolidated results. The Board recommended a final dividend of ₹0.15 per share (7.5% on face value of ₹2). Additionally, the company announced a 1 MW solar power plant at its Bareilly factory, costing ₹2.66 crore, expected to save ~₹60 lakh annually, with completion in 4 months.
Healthy top-line and bottom-line growth, a clean audit, and a modest dividend signal steady operational performance for shareholders. The solar project should provide incremental cost savings, while the re-appointment of an independent director and auditors reflects stable governance.