Pradeep Metals Ltd — Board Meeting, 22-05-2025: Board Meeting

Pradeep Metals Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved audited standalone and consolidated results, reporting standalone revenue of Rs. 294.39 Cr and consolidated revenue of Rs. 311.86 Cr for the year. Profit before tax stood at Rs. 30.67 Cr (standalone) and Rs. 34.86 Cr (consolidated). The Board proposed a final dividend of 25% (Rs. 2.50 per share) subject to shareholder approval. It approved the re-appointment of Mr. Abhinav Goyal as director and appointed new auditors for statutory, secretarial, internal, and cost audits. The CSR Committee was constituted with Mr. Pradeep Goyal as chairman. The audit reports carried unmodified opinions. Management highlighted ongoing improvements in inventory systems for its step-down US subsidiary, which accounts for significant export sales.