Authum Investment & Infrastructure Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Authum Investment & Infrastructure Ltd has announced a board meeting on the approval of the financial results for the quarter and half-year. Consolidated PBT hit Rs 1,248 Cr for the quarter and Rs 4,067 Cr for the year, with net profits at Rs 1,763 Cr and Rs 4,241 Cr respectively. An interim dividend of 7% on preference shares and 50% on equity shares was declared, though promoters holding 74.95% are waiving their equity dividend. The company invested Rs 764.54 Cr to acquire a 42.31% stake in Prataap Snacks Ltd and converted Rs 1,037.81 Cr sustainable debt into equity in NITCO Ltd. Lending and investments remain key revenue drivers, while the rental segment contributes minimally. Losses at subsidiary Open Elite Developers Ltd raise concerns but it continues under parent support.