ALPHA TRIBE

BMW Industries LtdBoard Meeting, 28-07-2025: Board Meeting

28-07-2025 | 08:34 pm

BMW Industries' Board has approved the financial results for the quarter ending June 30, 2025. Standalone revenue was ₹130.37 Cr with a profit of ₹10.64 Cr. Consolidated revenue reached ₹148.69 Cr, yielding a profit of ₹15.15 Cr. The company's core business is steel manufacturing. An important update is the pending NCLT approval for the amalgamation of two wholly-owned subsidiaries, BMW Iron & Steel Industries and Nippon Cryo Private Limited. Additionally, the company faces an income tax demand of ₹3.46 Cr, for which appeals are pending, and management believes the claims are not tenable.

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