KABRAEXTRUNSEKabra Extrusion Technik Limited· EngineeringHighPositive
Announced Fri, 16 May · 19:17 IST

Kabra Extrusion Technik Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 2.5 per equity share.

Dividend CutCorporate Actions View source PDF

KABRAEXTRU · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kabra Extrusion Technik's board, at its May 16, 2025 meeting, approved audited FY25 results showing standalone revenue of Rs. 47,685 lakhs, down about 21.5% from Rs. 60,777 lakhs in FY24, though net profit rose modestly to Rs. 3,387 lakhs (vs Rs. 3,167 lakhs). The board recommended a final dividend of Rs. 2.50 per share (50% on face value of Rs. 5), subject to shareholder approval. The board also accepted the resignation of the CEO of the Extrusion Division, Mr. Atanu Maity, and appointed Mr. Yogesh Deo as his replacement. The Extrusion Machinery segment saw strong profit growth, but the Battery Division swung to a Rs. 2,553 lakh loss from a Rs. 652 lakh profit last year.

Likely market impact

The dividend has been cut to Rs. 2.50 per share from Rs. 3.50 per share paid last year, which may disappoint income-focused shareholders. Sharp decline in battery division profitability and lower overall revenue could weigh on sentiment, though extrusion machinery strength and a clean audit provide some comfort.