Hind Rectifiers Limited — Board Meeting, 05-05-2025: Outcome of Board Meeting
05-05-2025 | 04:50 pm
05-05-2025 | 04:50 pm
Hind Rectifiers has announced a board meeting approving consolidated financial results for the quarter and year ended March 31, 2025. Revenue climbed to ₹655.37 Cr, with net profit surging to ₹37.11 Cr—almost triple year-on-year. The board proposed a final dividend of ₹2/share (100% payout). Expansion moves include a ₹52 Cr investment to boost backward integration at the Sinnar plant and land acquisition plans up to ₹50 Cr to support growth. A new subsidiary will be set up for global expansion, while Sweden and France subsidiaries are postponed. Key directors were re-appointed, and 14,207 ESOPs were allotted to employees.
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