Electrosteel Castings Limited — Board Meeting, 10-05-2025: Outcome of Board Meeting

Electrosteel Castings has announced a board meeting on 29 May 2025 to approve the financial results for the quarter and half-year. The board approved FY25 audited consolidated numbers showing revenue of Rs. 8,560 Cr and profit before tax of Rs. 856 Cr, marking a solid year-over-year growth. A final dividend of Rs. 1.40 per share is proposed, pending shareholder nod. The board also re-appointed Mr. Rajkumar Khanna as Independent Director for five years and appointed M/s MKB & Associates as secretarial auditor. Ongoing legal issues related to coal block compensation and ESL Steel investments remain under review.