INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Industrial & Prudential Investment Company Ltd approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. Statutory auditor S. Jaykishan issued an unmodified opinion on both sets of results. Standalone total income for FY25 stood at Rs. 20.44 crore versus Rs. 17.30 crore last year, with net profit after tax rising to Rs. 19.19 crore from Rs. 15.73 crore (up about 22%). Consolidated net profit rose to Rs. 59.70 crore from Rs. 49.46 crore, boosted by a Rs. 53.34 crore share of profits from associate KSB Limited. The Board recommended a final dividend of Rs. 110 per share (1100%) on the Rs. 10 face value, subject to shareholder approval at the upcoming AGM. It also appointed Mayur Mehta as Secretarial Auditor for a five-year term starting FY26.
The 1100% dividend is highly rewarding for shareholders, and healthy profit growth along with a clean audit opinion reflects strong financial health. The stock may see positive short-term sentiment, though most of the consolidated profit comes from its listed associate KSB Limited rather than direct operations.