NIBE Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

NIBE has announced a board meeting on May 29, 2025, approving the audited consolidated financial results for the quarter and financial year ended March 31, 2025. The company reported consolidated revenue of ₹512.25 Cr and a net profit of ₹27.43 Cr for the year. It proposed a dividend of ₹1.25 per share, pending shareholder approval. Leadership updates include Rajesh Khatri as CFO and Ranjan Choudhary as CEO, with outgoing CEO Balakrishnan Swamy moving to Chief Technical Officer to focus on strategy. ADV & Associates continue as internal auditors.