Creative Castings Reports Q1 Profit, Sets AGM Date, and Recommends 100% Dividend
By ScanX News Team
Creative Castings Limited reported Q1 FY2025-26 revenue of ₹948.04 crore and net profit of ₹74.03 crore. The board recommended a 100% final dividend (₹10 per share) for FY2024-25, subject to shareholder approval. The 40th AGM is scheduled for September 25, 2025. Key corporate governance updates include re-appointment of statutory auditors and an independent director, and appointment of new secretarial auditors. Segment-wise, casting remains the primary revenue driver.
*this image is generated using AI for illustrative purposes only.
Creative Castings Limited , a manufacturer of steel and alloy steel investment castings, has announced its unaudited financial results for the first quarter ended June 30, 2025, along with key corporate decisions made during a recent board meeting.
Q1 Financial Performance
The company reported a revenue from operations of ₹948.04 crore for Q1 FY2025-26, with a net profit of ₹74.03 crore. The board of directors approved these unaudited financial results at their meeting held on July 26, 2025.
Annual General Meeting and Dividend
Creative Castings has scheduled its 40th Annual General Meeting (AGM) for September 25, 2025. In a significant move for shareholders, the board has recommended a final dividend of 100%, which translates to ₹10 per equity share of ₹10 each for the financial year ended March 31, 2025. This dividend recommendation is subject to shareholder approval at the upcoming AGM.
Key Dates for Shareholders
The company has set important dates for shareholders:
- AGM Date: Thursday, September 25, 2025
- Cut-Off Date: Thursday, September 18, 2025 (for remote e-voting eligibility and AGM participation)
- Record Date: Thursday, September 18, 2025 (for final dividend declaration)
If approved at the AGM, the final dividend will be paid or dispatched after October 1, 2025, to eligible shareholders.
Corporate Governance Updates
The board meeting also saw several key decisions regarding the company's governance:
Statutory Auditors: Re-appointment of M/s. J.C. Ranpura & Co, Chartered Accountants, for a second five-year term, subject to shareholder approval.
Secretarial Auditors: Appointment of M/s. M. Buha & Co as secretarial auditors for a five-year term, starting from FY 2025-26 to FY 2029-30, pending shareholder approval.
Independent Director: Re-appointment of Mr. Palak Jayeshbhai Doshi as an Independent Director for a second five-year term, commencing from September 26, 2025, subject to shareholder approval.
These appointments and re-appointments reflect Creative Castings' commitment to maintaining strong corporate governance practices.
Segment Performance
The company's financial results also provided insights into its segment-wise performance:
| Segment | Revenue (₹ in Lakhs) | Results (Profit before tax and finance cost) |
|---|---|---|
| Casting | 987.71 | 55.09 |
| Wind Turbine Power Generation | 42.93 | 27.48 |
| Unallocated | 1.71 | 1.71 |
The casting segment continues to be the primary revenue driver for Creative Castings, while the wind turbine power generation segment shows promising profitability.
As Creative Castings Limited moves forward with these financial results and corporate decisions, shareholders and market observers will be keenly watching the company's performance in the coming quarters and the outcomes of the upcoming AGM.
Historical Stock Returns for Creative Castings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.37% | -1.18% | +4.83% | -13.69% | -26.39% | +6.71% |
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