Indo Gulf Industries Ltd — Others, 04-08-2025: Others

Indo Gulf Industries (IGIL) has reported strong FY25 financial results, with Net Sales reaching ₹247.02 Cr and Net Profit soaring to ₹6.54 Cr. The company achieved robust operational growth, significantly increasing production of explosives, detonating cords, and PETN, alongside launching a new detonator manufacturing facility. Future strategy includes shifting to electronic detonators. Shareholders approved material related party transactions for FY26, up to ₹8 Cr with Ganesh Explosives and ₹1 Cr with Rajesh Explosives, for activities like truck leasing and material dealings at fair value. No dividend declared. IGIL is managing significant contingent liabilities totaling ₹5.34 Cr and is addressing historical land dues of ₹19.42 Cr.