IRM Energy Limited — Others, 31-07-2025: Change in Management

IRM Energy's board has approved the financial results for the quarter ended June 30, 2025, reporting consolidated revenue of ₹285.48 Cr and a PAT of ₹13.92 Cr. Profitability declined due to increased gas costs and initial operational expenses in new areas. The board gave in-principle approval for the merger of Enertech Distribution Management Private Limited. A dividend of ₹1.50 per share for FY25 is proposed. Operational volume increased by 14%, driven by CNG growth. The company also recorded an impairment loss of ₹3.75 Cr on a joint venture loan and impaired investment/receivables from a subsidiary being struck off. Mr. Jayaprakash Narayana Murthy was categorized as Senior Management Personnel.