Indo Borax & Chemicals Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
INDOBORAX · price
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Indo Borax's Board met on August 12, 2025 and approved the unaudited Q1 FY26 results (quarter ended June 30, 2025) on both standalone and consolidated basis. Standalone revenue from operations rose to Rs. 5,356.84 lakhs (up ~7.7% YoY from Rs. 4,976.26 lakhs), but net profit fell sharply to Rs. 1,003.53 lakhs (down ~27.6% YoY from Rs. 1,385.96 lakhs) as total expenses jumped to Rs. 4,221.25 lakhs from Rs. 3,380.64 lakhs. EPS stood at Rs. 3.13 vs Rs. 4.32 in the year-ago quarter. Consolidated net profit was Rs. 1,020.41 lakhs with EPS of Rs. 3.18. The Board also fixed September 18, 2025 as the record date for the FY25 final dividend, with the 44th AGM scheduled for September 25, 2025 via video conferencing, and the dividend (if approved) to be paid by October 24, 2025.
Revenue growth is positive, but the sharp ~28% drop in net profit despite higher topline may weigh on the stock in the near term. Shareholders on record by September 18, 2025 will be eligible for the FY25 final dividend, subject to AGM approval.