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Fiem Industries LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 04:45 pm

Fiem Industries has announced a board meeting on May 30, 2025, approving the consolidated financial results for the quarter and financial year ended March 31, 2025. Consolidated revenue rose to Rs. 2,438.73 Cr, up 19.92% YoY, with net profit at Rs. 204.92 Cr, marking a 23.59% growth YoY. The automotive segment remains the key driver, contributing Rs. 2,416 Cr in sales. The board approved a final dividend of Rs. 30/share (300%), up from Rs. 20/share last year. Re-appointments include Mr. Jagjeevan Kumar Jain as Chairman & MD and Mr. Rahul Jain as Joint MD for five years, subject to shareholder approval. New auditors were also appointed, while the company continues managing fire-related losses from Unit-7, having received Rs. 50 Cr interim insurance payouts. Operational cash flow stood at Rs. 233.06 Cr for FY25.

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