| Purpose | Announcement Date | Book Closure Start Date | Book Closure End Date |
|---|---|---|---|
| BookCloser | 17 Feb 2025 | 4 May 2025 | 10 May 2025 |
| The Register of Members and Share Transfer Books of the Company will remain closed for the purpose of Annual General Meeting and payment of dividend from May 4, 2025 to May 10, 2025 (both days inclusive) that may be declared at the 75th Annual General Meeting of the Company. | |||
The IE5 range is the first in India built on proven induction motor technology without the use of rare-earth metals.
On the other hand, revenue rose 12.2% in Q2 CY25 to ₹3,175.4 crore, compared with ₹2,831 crore in the corresponding quarter of the previous fiscal.
In addition to this, the company’s board of directors announced an interim dividend of ₹9.77 per equity share of a face value of ₹2 each.
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At the operating level, EBITDA jumped 57.6% YoY to ₹657.3 crore, as against ₹417.2 crore in same quarter last year.
The company's income from operations climbed by 5.2% to ₹2,912.2 Crore, up from ₹2,769.1 Crore in the previous fiscal year.
The company declared a profit before tax (excluding exceptional items and one-time events) of ₹594 Crore (up 51%) for the quarter.
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