Mukand reports lower profit, maintains dividend

Mukand Limited reported total income of INR 4,929.74 crore for FY 2024-25, down from INR 5,190.57 crore previously. Profit after tax fell to INR 86.95 crore from INR 104.06 crore in FY 2023-24.

Despite the decline, the company maintained its dividend at INR 2 per equity share and 8% on preference shares.

Total stainless steel production reached 149,071 MT, while alloy steel production was 350,169 MT. The company is investing in technology upgrades and targets significant carbon footprint reduction by 2030.