Prakash Industries Limited (PIL), a prominent player in the Indian industrial sector, has announced a key date for its shareholders. The company has set Wednesday, September 17, 2025, as the record date for determining shareholder eligibility to receive dividends for the financial year 2024-25.

Record Date Announcement

In a formal notification to the BSE Ltd. dated September 9, 2025, Prakash Industries communicated this important decision. The record date serves as a crucial checkpoint, establishing which shareholders are entitled to receive the declared dividend payment for the fiscal year 2024-25.

Regulatory Compliance

The announcement aligns with Regulation 42 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This move demonstrates PIL's commitment to regulatory compliance and transparent communication with its investors.

Implications for Shareholders

Shareholders who own Prakash Industries Limited shares at the close of business on September 17, 2025, will be eligible to receive the dividend for FY 2024-25. This date is significant for investors, as it determines their entitlement to the company's profit distribution.

Company Details

Prakash Industries Limited, with its registered office at 15 Km Stone, Delhi Road, Hissar - 125 044, continues to keep its shareholders informed about important financial events. The company maintains its corporate identity number (CIN) as L27109HR1980PLC010724.

Investors and stakeholders are advised to take note of this record date for their financial planning and investment strategies related to Prakash Industries shares.

The timely announcement of the record date reflects Prakash Industries' proactive approach to investor relations and its adherence to market regulations. As the date approaches, shareholders will be keenly watching for further details on the dividend amount and payment date, which are yet to be disclosed by the company.

Prakash Industries Limited, a prominent player in the iron and steel sector, has released its financial results for the first quarter, showcasing a mixed performance with improved profitability despite a revenue decline.

Financial Highlights

The company reported a revenue of ₹1,037.00 crore for Q1, down from ₹1,167.00 crore in the corresponding quarter of the previous year, representing an 11.1% decrease. However, Prakash Industries demonstrated improved operational efficiency, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rising to ₹138.00 crore from ₹132.00 crore year-over-year.

Notably, the EBITDA margin expanded significantly to 13.3% from 11.3% in the same period last year, indicating enhanced operational performance. The company's net profit also saw a marginal increase to ₹91.40 crore compared to ₹90.50 crore in the previous year.

Operational Performance

On the operational front, Prakash Industries extracted 2.82 lakh metric tonnes of coal from its Bhaskarpara Coal Mine during the quarter. The company projects total coal extraction to exceed 1 million tonnes for the full fiscal year, highlighting its strong operational capabilities in the mining segment.

Financial Position

The unaudited financial results, approved by the company's Board of Directors, reveal a stable financial position. The total income for the quarter stood at ₹1,042.90 crore, which includes other income of ₹5.82 crore.

Expense Management

Prakash Industries demonstrated effective cost management during the quarter:

The company reported a profit before tax of ₹91.40 crore for the quarter.

Corporate Governance

The Board of Directors also approved the continuation of tenure for Shri Ved Prakash Agarwal as Whole-time Director designated as Chairman of the Company, who will attain the age of 70 years. This decision reflects the company's commitment to experienced leadership.

Outlook

While facing revenue challenges, Prakash Industries' improved margins and operational efficiencies demonstrate its resilience in a competitive market. The company's focus on coal extraction and cost management strategies appears to be yielding positive results, positioning it for potential growth in the coming quarters.

Investors and stakeholders will be watching closely to see if Prakash Industries can maintain its improved profitability while working to boost revenues in the subsequent quarters of the fiscal year.