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

Nelcast has announced a board meeting that approved the consolidated financial results for the quarter and year ended March 31, 2025. Revenue stood at Rs. 329.75 Cr for the quarter and Rs. 1,251.68 Cr for the year. Net profit was Rs. 13.64 Cr quarterly and Rs. 37.29 Cr annually. The board proposed a dividend of Rs. 0.50 per share (25% on Rs. 2 face value), pending shareholder approval. Long-term borrowing declined to Rs. 68.03 Cr, with the company maintaining a stable credit rating. The 43rd AGM will be conducted via video conference.