We wish to inform you that the meeting of the Board of Directors of the company was held today i.e., Wednesday, May 28, 2025, inter alia, to consider and approve the following businesses:1.Audited ....
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Nitin Castings' Board, on May 28, 2025, approved audited financial results for Q4 and the financial year ended March 31, 2025, with the auditor (Jhunjhunwala Jain & Associates LLP) issuing an unmodified opinion. Full-year net sales stood at approximately Rs. 15,057 lakhs versus Rs. 14,875 lakhs in FY24, a modest rise of around 1%. Profit before exceptional items and tax jumped roughly 50% to Rs. 2,677 lakhs, showing strong operational improvement, but the company booked an exceptional item of Rs. 237 lakhs and saw higher tax outgo, leaving net profit near Rs. 1,213 lakhs (EPS of Rs. 23.59), slightly below FY24's Rs. 1,241 lakhs. Operating cash flow remained healthy at Rs. 1,741 lakhs. The Board declared a final dividend of Rs. 3 per equity share on a Rs. 5 face value (60%), subject to shareholder approval.
A clean audit opinion and a steady dividend reward signal financial stability for shareholders, while the exceptional charge and a marginal dip in net profit are mild negatives. The sharp jump in pre-exceptional profit suggests underlying business improvement that could lift margins going forward.