ALPHA TRIBE

NRB Bearing LimitedBoard Meeting, 14-05-2025: Outcome of Board Meeting

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.

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