Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Meeting of Board of Directors of the Company ....
Awaiting price reaction for this filing.
ND Metal Industries' board met on 30th May 2025 and approved the audited financial results for Q4 and full year ended 31st March 2025. Revenue from operations remained very small at ₹5.06 lakhs for the year (vs ₹5.86 lakhs last year), but the company earned ₹135.90 lakhs in other income, lifting total income to ₹140.96 lakhs (up ~59% YoY). Profit after tax nearly doubled to ₹25.51 lakhs (vs ₹12.82 lakhs), and EPS rose to ₹1.03 from ₹0.52. The board also appointed Sweeti Shaifali and Associates as the secretarial auditor for the year. Statutory auditor Suvarna & Katdare issued an unmodified opinion on the results.
The earnings improvement is driven almost entirely by other income rather than core manufacturing operations, which remain negligible. Shareholders should note the heavy dependence on non-operating income and the weak revenue base, even as reported profits look healthier on a small equity base (paid-up capital of ₹248 lakhs).