K.P.R. Mill Limited — Others, 01-07-2025: Shareholders meeting

K.P.R. Mill Limited has announced a board meeting on 09.05.2025 to approve the financial results for the quarter and half-year. The company reported a strong Financial Year 2024-25 with standalone revenue from operations at ₹4,21,567 lakhs and consolidated revenue at ₹6,46,226 lakhs. Profit after tax stood at ₹65,304 lakhs (standalone) and ₹81,511 lakhs (consolidated). The Board recommended a final dividend of ₹2.50 per equity share, adding to the interim dividend, totaling 500% payout. Key operational highlights include increased yarn production through the exclusive vortex spinning mill, ramped-up garment capacity at Chengapally, and higher renewable energy utilization leading to lower power costs. The Board approved re-appointments of Executive Directors Mr. C.R. Anandakrishnan and Mr. E.K. Sakthivel for five years, and appointed Mr. K. Radhakrishnan as Secretarial Auditor for five years. Continuations of Independent Directors Mr. M. Alagiriswamy and Mr. K. Thangavelu beyond 75 years were approved. The company maintains robust compliance, corporate governance practices, and ongoing modernization in spinning and garment units to boost competitiveness. Subsidiaries include K.P.R. Sugar Mill Limited and KPR Sugar and Apparels Limited, with continuing operations in sugar, ethanol, garments, and automobile dealership. There are no material legal or regulatory concerns reported.