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IFGL Refractories LimitedOthers, 24-05-2025: Change in Director(s)

24-05-2025 | 07:20 pm

IFGL Refractories has announced a board meeting on which it approved the financial results for the quarter and half-year. Consolidated revenue stood at ₹1,67,044 lakhs, with a consolidated net profit after tax of ₹4,298 lakhs. Standalone revenue was ₹1,01,386 lakhs, and standalone net profit after tax was ₹5,760 lakhs. The Board proposed a final dividend of 10%, adding to a 60% interim dividend, totaling 70% for the year. A 1:1 bonus share issue was proposed, subject to shareholder approval. Mihir Prakash Bajoria was appointed Additional Director and will become Managing Director from September. A new Secretarial Auditor was appointed for five years. The company is contesting some income tax issues without expected material financial impact.

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