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Investment & Precision Castings LtdUpdates, 22-05-2025: Company Update

22-05-2025 | 02:47 pm

IPCL has announced a board meeting on the financial results for the quarter and half-year. The company reported revenue of Rs 42.51 Cr, up 6.5% YoY and 6.8% QoQ. EBITDA margin improved to 14.58% from 13.53% YoY and 10.65% QoQ, leading to a profit after tax (PAT) of Rs 1.90 Cr, rising 63% YoY and 80% QoQ. IPCL is diversifying towards Aerospace & Defense, securing a long-term project with an international defense manufacturer. A 4MW solar plant installation is planned to reduce carbon footprint and operational costs. The board has proposed a 1:1 bonus share issue and a final dividend of 5% on post-bonus equity shares.

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