The Board has recommended a final dividend of Re. 0.15 paise per Equity Share of Rs. 2/- each (i.e. 7.5% of the face value of the Equity Share) for the financial year 2024-25 subject to ....
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The Board of The Indian Wood Products Company Ltd approved audited financial results for Q4 and FY ended March 31, 2025, along with an unmodified audit opinion from S K Agrawal & Co. Standalone revenue from operations grew to Rs. 22,580.82 lakhs (from Rs. 19,173.62 lakhs in FY24), while net profit jumped about 42% to Rs. 367.79 lakhs (from Rs. 259.01 lakhs). Consolidated net profit stood at Rs. 520.15 lakhs, also up around 42% YoY. The Board recommended a final dividend of Rs. 0.15 per share (7.5% of face value) for FY25, subject to shareholder approval at the AGM on September 12, 2025. The company also announced a Rs. 2.66 crore investment to set up a 1 MW solar power plant at its Bareilly factory, expected to save Rs. 60 lakhs annually. Additionally, M/s R K D S & Associates was appointed as Internal Auditor for FY26, and M/s M Shahnawaz & Associates was reappointed as Secretarial Auditor for five years.
Strong profit growth of over 40% and a clean audit opinion are positive signals for shareholders, though the dividend yield is modest at 7.5%. The solar plant initiative could improve margins over time, and the relatively small absolute size of profits keeps the stock more of a small-cap story than a high-impact event for institutional investors.