AIA Engineering Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 01:48 pm
13-08-2025 | 01:48 pm
AIA Engineering's Board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹1,038.95 Cr and a profit of ₹305.17 Cr for the quarter. Earnings per share (EPS) stood at ₹32.69.
In an operational update, the Board decided to discontinue manufacturing operations at its Nagpur unit, stating this will not adversely affect production or profitability. Investors should note the ongoing US trade duties on high chrome iron grinding media from India, with Countervailing Duty at 3.16% and Anti-Dumping Duty at 6.70% effective since May 22, 2025.
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