Pradeep Metals Ltd — Others, 17-07-2025: Others

Pradeep Metals announced robust financial results for the fiscal year, with standalone total income rising 16.88% to Rs. 299.53 crore and profit after tax increasing 27.67% to Rs. 23.15 crore. Consolidated profit grew 22.36% to Rs. 27.17 crore. The company proposes a final dividend of 25% (Rs. 2.50 per share). A significant move involves the board approving the amalgamation of its ultimate holding company, aiming to simplify the group structure. Operationally, the company has achieved 100% renewable energy usage and plans to expand machining capacity. Changes in auditors and approvals for key management remuneration in a US subsidiary were also noted.