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High Energy Batteries India LtdOthers, 21-06-2025: AGM/EGM

21-06-2025 | 05:05 pm

High Energy Batteries (India) Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company declared a dividend of Rs. 3 per equity share for FY 2024-25, marking the fifth consecutive year of a 150% dividend payout. The company reported a 4.5% increase in turnover to Rs. 80.75 Crores and a profit before tax of Rs. 20.68 Crores. It remains debt-free on a long-term basis since FY 2022-23. Strategic R&D focuses on advanced battery chemistries for defense, hydrogen fuel cells, flow batteries for energy storage, and Li-ion battery pack assembly. The company expects additional orders worth Rs. 50-60 Crores annually from DRDO and Indian Navy projects.

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