The 35th Annual General Meeting of the Company for the financial year ended March 31, 2025, is scheduled to be held on Thursday, September 11, 2025, through Video Conference/Other Audio Visual Means.
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The Board of Directors of Indsil Hydro Power and Manganese Ltd, at its meeting on May 28, 2025, approved audited financial results for Q4 and FY25 along with several other items. The statutory auditor (Divya K R and Associates) issued an unmodified (clean) opinion on the financial results. Total income for FY25 rose sharply to Rs. 23,423.12 lakhs from Rs. 12,754.45 lakhs in FY24, while the company swung to a profit after tax of Rs. 2,779.11 lakhs compared to a loss in the previous year. The Board recommended a 5% dividend (Rs. 0.50 per share on Rs. 10 face value), subject to shareholder approval. The 35th AGM is scheduled for September 11, 2025, via video conference, with the record date set for September 4, 2025. Other appointments include a new CFO (R. Muthiah) and re-appointments of Cost, Internal, and Secretarial Auditors.
Strong positive for shareholders — significant revenue growth, turnaround to profitability, clean audit, and a dividend declaration signal improving business health. Investors should note the one-time profit from the sale of its JV stake (Al-Tamman Indsil Ferro Chomes FZC LLC for Rs. 146.51 Crore) and a new fuel/power purchase cost adjustment (FPPCA) liability recognized due to an AP Electricity Regulatory Commission order.