Fiem Industries Limited — Others, 30-05-2025: Appointment
Fiem Industries has announced a board meeting to approve the financial results for the quarter and half-year. Standalone sales grew 14.26% YoY to Rs 633.80 Cr in Q4 FY25, driven by automotive sales up 14.59%. PAT rose 22.25% to Rs 57.69 Cr in the quarter, with FY25 standalone sales and PAT increasing 19.39% to Rs 2404.96 Cr and 23.09% to Rs 204.14 Cr, respectively. A final dividend of Rs 30 per share (300%) is proposed, subject to shareholder approval. Leadership roles have been extended for five years, and new auditors appointed for FY26. The company reported a Rs 51.37 Cr inventory and asset loss from a 2023 fire at Unit-7, fully insured, with Rs 50 Cr insurance claims received and final settlement ongoing. An arbitration award added Rs 3.75 Cr in exceptional income related to a prior insurance shortfall.
