50th AGM Annual Report for F.Y. 2024 - 25. As on 18th September, 2025 at Sarovar Portico - Sarovar Hotels, Iscon Mega City, Opp. Victoria Park, Bhavnagar, Gujarat 364002
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Investment & Precision Castings Ltd has filed its 50th Annual General Meeting notice and Annual Report for FY 2024-25. The 50th AGM will be held on 18th September 2025 at 4:30 PM at Efcee Sarovar Portico, Bhavnagar, Gujarat. Total income for FY24-25 stood at Rs. 16,581.26 lakhs, down 3.63% from Rs. 17,207.53 lakhs in the previous year. Profit before tax fell to Rs. 837.69 lakhs (from Rs. 1,147.34 lakhs) and profit after tax declined to Rs. 605.71 lakhs (from Rs. 779.06 lakhs). The Board has recommended a dividend of 5% (Rs. 0.50 per share on face value of Rs. 10). The company also issued bonus shares in a 1:1 ratio, allotting 50 lakh equity shares with a record date of 27th June 2025.
Shareholders will receive a modest dividend of Rs. 0.50 per share, and have already benefited from a 1:1 bonus issue post-balance sheet. However, the decline in revenue and profitability year-on-year signals weaker operating performance, which may be a concern for investors despite the corporate actions.