Pradeep Metals Ltd — Important, 16-05-2026: Company Update

The company's board has approved the financial results for the quarter and financial year ended March 31, 2026. Consolidated revenue reached Rs. 338.03 Cr and profit was Rs. 30.34 Cr, with EPS at Rs. 17.57. A final dividend of Rs. 2.50 per equity share (25%) has been proposed, pending shareholder approval. The board also re-appointed Dr. Kewal Krishan Nohria and Mr. Pradeep Goyal as Chairman & Managing Director for three years. Internal and Cost Auditors were re-appointed for FY27. Additionally, the company is progressing with an amalgamation scheme, with a shareholder meeting scheduled for June 12 to consider approval.