Prakash Industries Limited — Important, 23-05-2025: Updates

Prakash Industries has announced a board meeting on approving the financial results for the quarter and half-year. FY25 net sales grew 9% to ₹4,014 Cr, with operating profit rising 5% to ₹520 Cr. PAT stood at ₹355 Cr, excluding a previous year gain. Steel sales volume reached a record 9.78 lakh MT, up 14%. Coal extraction started at Bhaskarpara mine with 76,351 MT produced; full-year output is expected near 1 million tonnes, supporting steel production targets above 1 million tonnes in FY26. A dividend of ₹1.50/share is proposed.