Nirlon Ltd — Updates, 21-05-2025: Company Update

Nirlon Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income of Rs 160.65 Cr and total expenses of Rs 76.74 Cr for the quarter ended March 31, 2025, resulting in a profit before tax of Rs 83.91 Cr and a profit after tax of Rs 53.54 Cr. Basic and diluted EPS stood at Rs 5.94. The board approved an interim dividend of Rs 15 per share, already paid, and proposes a final dividend of Rs 11 per share, subject to shareholder approval. Depreciation expenses decreased due to a revised useful life of buildings, enhancing quarterly profits by Rs 0.62 Cr. The auditors issued an unmodified opinion on the audited financial results, confirming the accounts present a true and fair view.