Empire Industries Ltd — Board Meeting, 30-05-2025: Board Meeting

Empire Industries Limited has announced a board meeting outcome including approval of the financial results for the quarter and half-year. The company reported revenue from operations at Rs. 186.39 Cr for the quarter and Rs. 676.97 Cr for the year. Profit before tax stood at Rs. 6.50 Cr for the quarter and Rs. 40.01 Cr for the year. Net profit for the quarter was Rs. 4.44 Cr and Rs. 34.45 Cr for the year. The board proposed a final dividend of Rs. 25 per share (250%). A provision of Rs. 19.26 Cr has been made for expected credit loss against long-outstanding receivables from DESNL/OIL, Gabon. Ms. Deepa Gupta was appointed as Secretarial Auditor for five years, and M/s. Vinay Mulay & Co. re-appointed as Cost Auditors for FY 2025-26. The statutory auditor expressed an unmodified opinion.