The Indian Wood Products Company Ltd — Updates, 29-05-2025: Company Update

The Indian Wood Products Co. Ltd. has announced a board meeting to approve the financial results for the quarter and half-year ending March 31, 2025. The company reported consolidated revenue from operations of Rs. 225.81 Cr and standalone Rs. 225.81 Cr, with consolidated net profit after tax of Rs. 5.20 Cr and standalone net profit of Rs. 3.68 Cr for the year. The Board has announced a final dividend of Re. 0.15 per equity share of Rs. 2 each (7.5% of face value), subject to shareholder approval. Mr. Surendra Bagri has been proposed for reappointment as an independent director for five years. The company plans to set up a 1 MW solar power facility at its Bareilly plant with an investment of Rs. 2.66 Cr, expected to save Rs. 60 lakhs annually on electricity costs. Internal and secretarial auditors have also been appointed for FY 2025-26. The auditors issued unmodified opinions on both standalone and consolidated results, affirming sound financial controls and going concern basis.