N. B. I. Industrial Finance Company Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 22, 2025
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The Board of Directors of N.B.I. Industrial Finance Company approved audited financial results (standalone and consolidated) for Q4 and the full year ended March 31, 2025, along with the auditor's report carrying an unmodified opinion. The Board recommended a dividend of Rs. 0.50 (10%) per equity share of Rs. 5 face value for FY 2024-25, subject to shareholder approval at the upcoming AGM on August 22, 2025. Standalone total revenue from operations fell to Rs. 1,393.31 lakhs (FY24: Rs. 1,707.55 lakhs), while profit for the year declined to Rs. 848.50 lakhs (FY24: Rs. 1,105.05 lakhs). The company also noted that the amalgamation of Western India Commercial Co. Ltd. into itself became effective December 18, 2024, leading to restatement of prior period figures, and Shree Cement Marketing Ltd. is now reported as an associate company. No exceptional items were reported during the period.
Lower revenue and profit compared to the previous year may weigh on investor sentiment, but the unchanged Rs. 0.50 dividend signals continuity for shareholders. This is the first set of consolidated results, giving a broader view of the group including the new associate, Shree Cement Marketing Ltd.