United Van Der Horst Ltd — Board Meeting, 23-05-2025: Board Meeting
United Van Der Horst Ltd has announced a board meeting held to approve the financial results for the quarter and half-year. The company reported total income of Rs. 3,066.27 lakhs for the year with a net profit of Rs. 435.76 lakhs, nearly doubling the previous year’s profit. Earnings per share stood at Rs. 3.29. It recommended a final dividend of Rs. 0.50 per share, following an interim dividend of Rs. 1 per share already paid. The audit report was unmodified, confirming clean financials. The company is engaged in designing, manufacturing, and supplying marine engine parts and hydraulic/pneumatic cylinders, with growth reflected in improved revenues and profits. A property tax dispute amounting to Rs. 75.84 lakhs remains under legal review.
