Ndr Auto Components Limited — Others, 09-05-2025: Appointment

NDR Auto Components Limited has announced a board meeting outcome highlighting key developments. The board approved the financial results for the quarter and half-year with standalone revenue of Rs. 192.04 Cr and profit after tax of Rs. 45.08 Cr for the year. A final dividend of Rs. 2.75 per share (27.5%) was declared. M/s S.R. Batliboi & Co. LLP were approved as new statutory auditors, subject to shareholder approval, replacing the existing auditors. Three independent directors were reappointed for second terms. A 50:50 joint venture with Hayashi Telempu was approved, aiming to manufacture various auto components with an initial investment of about Rs. 33.3 Cr. The company disclosed a contingent liability of Rs. 5.02 Cr plus penalties related to an ongoing income tax dispute. Growth in assets, equity, and profitability was supported by better working capital and cash flows.