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Drone Destination LimitedBoard Meeting, 22-03-2025: Outcome of Board Meeting

22-03-2025 · 05:11 pm

The company has announced a board meeting outcome where it approved a dividend of ₹10 per share, totaling ₹100 Cr. Additionally, the board sanctioned a fundraising plan amounting to ₹500 Cr through a rights issue to support its expansion strategy. Consolidated financial results showed a revenue increase of 20% year-over-year, reaching ₹1,000 Cr, with a net profit of ₹150 Cr for the quarter. The company emphasized its commitment to enhancing shareholder value and fostering growth through strategic investments and operational efficiencies.

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