Sealmatic India Ltd — Board Meeting, 26-05-2025: Board Meeting
26-05-2025 | 02:06 pm
26-05-2025 | 02:06 pm
Sealmatic India Limited has announced a board meeting outcome approving the audited financial results for the quarter and half-year. The company reported revenue from operations of Rs. 101 Cr and a net profit of Rs. 15.91 Cr for the year, showing solid growth over the previous year. Earnings per share stood at Rs. 17.58. The Board has proposed a final dividend of Rs. 1.10 per share, reflecting healthy cash generation. During the year, Sealmatic formed a 50:50 joint venture in UAE for seals repair business, though no transactions occurred yet. The company has utilized most IPO proceeds per plan, with Rs. 6.63 Cr kept in fixed deposits. Auditors issued a clean report without qualifications.
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