IRM Energy Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

IRM Energy's board has approved its consolidated Q1 FY26 financial results: Revenue at Rs. 285.48 Cr and Profit After Tax (PAT) at Rs. 13.92 Cr. The PAT decline vs. last year is primarily due to higher blended gas costs and initial fixed operational expenses in new areas.

The board has also proposed a dividend of Rs. 1.50 per share for FY25, with September 18, 2025, set as the record date, pending AGM approval. Additionally, an in-principle approval was granted for the proposed merger of Enertech Distribution Management Private Limited. Mr. Jayaprakash Narayana Murthy has been categorized as Senior Management Personnel, effective August 1, 2025. The company also impaired Rs. 3.75 Cr from a joint venture loan due to recoverability concerns.