Ice Make Refrigeration Limited — Board Meeting, 17-05-2025: Outcome of Board Meeting

Ice Make Refrigeration Ltd. has announced a board meeting on its audited consolidated results, with revenues up to Rs. 480.42 Cr and PAT rising to Rs. 23.01 Cr year-on-year. Standalone numbers also showed strong growth, with revenue of Rs. 473.22 Cr and PAT of Rs. 23.22 Cr. The board approved a final dividend of Rs. 2.25 per share (22.5%). The company is ramping up capacity, pushing property, plant, and equipment to Rs. 127.53 Cr, funded partly by higher debt. Auditors issued a clean report. Positive operational momentum ahead.