International Conveyors Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting

International Conveyors Ltd has announced a board meeting on the audited consolidated financial results for the quarter and year ended March 31, 2025. The company posted consolidated revenue of Rs. 151.85 Cr, with PBT at Rs. 116.27 Cr and PAT of Rs. 91.71 Cr, marking strong growth. A final dividend of Rs. 0.75 per share was approved. The Board decided to close its Singapore subsidiary due to negative net worth, recording an exceptional loss of Rs. 16.62 Cr. It also approved acquiring International Conveyors Australia Pty Ltd directly from the subsidiary. M/s Lodha & Co. LLP will continue as Internal Auditors for FY 2025-26.