Submission of Additional Details Required for Corporate Announcements filed under Regulation 30 of SEBI (LODR) Regulations, 2015.Reference: BSE email dated August 26, 2025.
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R M Drip and Sprinklers Systems has submitted additional details related to its earlier board meeting outcomes from May 13, 2025. The Board had approved audited standalone and consolidated financial results for FY 2024-25, recommended a dividend of ₹0.50 per equity share (subject to AGM approval), and appointed internal and secretarial auditors. Standalone FY25 revenue from operations surged to ₹13,034.21 lakhs from ₹5,026.92 lakhs in FY24, while profit after tax jumped to ₹2,392.63 lakhs from ₹541.03 lakhs. EPS rose to ₹9.95 from ₹4.45. The company also migrated from NSE EMERGE (SME platform) to the NSE Capital Market (Main Board) and BSE Main Board effective July 30, 2025. Statutory auditors issued an unmodified opinion on the financial results.
Strong revenue and profit growth combined with the migration to the main board should improve visibility and liquidity for shareholders. The dividend of ₹0.50 per share is modest but signals confidence, while the main-board listing may attract more institutional investors.