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

The Indian Wood Products Co. Ltd. has announced a board meeting on the audited financial results for the quarter and financial year. The company reported revenue from operations of Rs. 225.81 Cr and a net profit after tax of Rs. 3.68 Cr for the year. Consolidated revenue stood at Rs. 225.81 Cr with net profit of Rs. 5.20 Cr. The Board has proposed a final dividend of Re. 0.15 per equity share of Rs. 2 each (7.5% of face value), subject to shareholder approval. The company plans to set up a 1 MW solar power plant at its Bareilly factory to reduce power costs, with an investment of Rs. 2.66 Cr and expected annual savings of Rs. 60 Lakh. Mr. Surendra Bagri is set for reappointment as Independent Director for five years, and M/s. RK DS & Associates and M/s. M Shahnawaz & Associates have been appointed as Internal and Secretarial Auditors, respectively.