Ashapura Minechem Limited — Updates, 30-05-2025: Press Release
30-05-2025 | 08:01 pm
30-05-2025 | 08:01 pm
Ashapura Minechem has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year. Consolidated total income rose 3.6% YoY to Rs. 2814 Cr, with operational profit before exceptional items up 45% to Rs. 304 Cr for FY 2024-25. Q4 saw a 38% jump in total income and a 324% surge in operational profit. The board proposed a 50% dividend. Production capacity is expanding across India, and three ports in Guinea are operational to support bauxite exports. A long-term contract with China Railway aims to boost mining and logistics amid strong global demand.
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