Nirlon reports strong FY25 performance, proposes dividend hike
Nirlon Limited reported a robust financial year ended March 31, 2025, with gross income from operations increasing to INR 644.96 crore from INR 607.35 crore in the previous fiscal year. Net profit after tax rose to INR 218.19 crore, up from INR 205.56 crore in FY24. The company’s board recommended a final dividend of INR 11.00 per equity share for FY25, in addition to an interim dividend of INR 15.00 per share already paid, bringing the total to INR 26.00 per share.
The company continued its focus on sustainable development, with Nirlon Knowledge Park (NKP) achieving 99.5% occupancy. Notably, 100% of NKP's common area electricity in FY25 was sourced from renewable energy, leading to a significant reduction in Scope 2 emissions. All wastewater is recycled and reused, and organic waste is converted to manure on-site.
Nirlon also re-appointed Rahul V. Sagar as executive director & CEO and Arjun Khullar as a nominee director, while Rajinder Pal Singh will continue as non-executive independent director. The company emphasized its adherence to corporate governance standards and regulatory compliance, including the SEBI listing regulations, and noted no audit qualifications for the financial results.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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