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Tinna Rubber and Infrastructure LtdUpdates, 23-05-2025: Company Update

23-05-2025 | 08:37 pm

Tinna Rubber and Infrastructure Limited has announced a board meeting outcome including approval of audited consolidated and standalone financial results for the quarter and year ended March 31, 2025. The company reported consolidated revenue of Rs. 509.83 Cr and a net profit of Rs. 42.28 Cr for the year, with standalone revenue of Rs. 504.93 Cr and net profit of Rs. 42.28 Cr. The board has proposed a final dividend of Rs. 4 per equity share (face value Rs. 10), subject to shareholder approval. Key appointments include the re-appointment of the Joint Managing Director and auditors for secretarial, cost, and internal audit functions. The company’s joint venture in South Africa commenced procurement of tyre scrap, signaling progress in its international waste tyre recycling business. Management confirmed a write-off of Rs. 1.2 Cr on preference share investments, classified under exceptional items. The auditor issued an unmodified opinion on both standalone and consolidated results.

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