NRB Bearing Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 06:09 pm
14-05-2025 | 06:09 pm
NRB Bearings has announced a board meeting on the approval of the consolidated financial results for the quarter and half-year. The company posted a profit before tax of ₹173.33 Cr, supported by healthy cash flow from operations of ₹83.69 Cr. A strong final dividend of ₹4.30 per share (215%) is proposed for FY25, subject to shareholder approval. Exceptional gains include ₹7.50 Cr insurance claims from the Aurangabad plant fire. The company is actively optimizing operations post asset sales, aiming to sustain solid liquidity and a robust balance sheet.
No comments yet. Be the first to comment!
