Indigo Paints Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Indigo Paints has announced a board meeting on May 24, 2025, approving the financial results for the quarter and half-year ended March 31, 2025. Consolidated revenue rose 2.7% YoY to Rs 1,340.7 Cr, with EBITDA slightly down 1.9% at Rs 233.5 Cr and net profit falling 4.5% to Rs 142.2 Cr for the year. Q4 showed modest growth with revenue up 0.7% to Rs 387.6 Cr, EBITDA rising 3.3% to Rs 87.4 Cr, and net profit improving 5.4% to Rs 57.4 Cr. Standalone margins hit record highs, with EBITDA at 23.4% and PAT at 15.3%. A final dividend of Rs 3.50/share was proposed. New internal and secretarial auditors will take charge from FY26.