Electrosteel Castings Limited — Others, 01-08-2025: Shareholders meeting
01-08-2025 | 12:21 pm
01-08-2025 | 12:21 pm
Electrosteel Castings has released its annual financial results, reporting a revenue of ₹6,745.88 crore and a profit of ₹712.12 crore for the year. A final dividend of ₹1.40 per share is proposed for shareholder approval. Operational highlights include producing 732,004 MT of DI Pipes and 22,568 MT of DI Fittings. The company also started commercial production at its new rubber gasket plant. Strategically, it acquired Singardo International for ₹41.49 crore, making it a wholly-owned subsidiary. Key pending legal matters and an audit qualification related to a coal block and pledged investment are noted. The company has announced an Annual General Meeting. Shareholders will vote on director re-appointments and other items.
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