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Indian Hume Pipe Company LimitedBoard Meeting, 14-05-2025: Outcome of Board Meeting

14-05-2025 | 06:24 pm

The Indian Hume Pipe Co. Ltd. has announced a board meeting on May 14, 2025, approving the financial results for the quarter and half-year. The company posted a strong net profit of ₹558.05 Cr, largely boosted by a ₹545.22 Cr exceptional gain from selling freehold land in Bengaluru. Revenue reached ₹1491.23 Cr, supported by steady performance in construction and real estate. A total dividend of ₹5.80 per share, including a special payout from the land sale, is proposed. M/s JHR & Associates were appointed as Secretarial Auditors for 5 years, and Ms. Anima B. Kapadia’s directorship will continue beyond 75 years, pending shareholder approval.

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