INDO-MIM Limited Announces Quarterly Results, Appoints Secretarial Auditor
INDO-MIM Limited, formerly known as INDO-MIM Private Limited, announced the outcomes of its Board of Directors meeting held on August 17, 2026. The company approved key corporate matters, including its unaudited financial results and the appointment of a Secretarial Auditor, while also confirming the payment of dividends.The Board reviewed and approved the unaudited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026, along with related findings from the Statutory Auditors.
Financial Performance Snapshot
The company's financial performance for the quarter ending June 30, 2026, showed significant operational details across both standalone and consolidated statements (all amounts in INR million).Standalone Results Summary:
| Particulars | Quarter ended June 30, 2026 | Year ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from operations | 10,031.10 | 35,403.33 |
| Total Income | 10,058.37 | 36,579.71 |
| Total expenses | 7,050.76 | 28,264.05 |
| Profit for the period | 2,231.70 | 5,489.79 |
Consolidated Results Summary:
| Particulars | Quarter ended June 30, 2026 | Year ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from operations | 12,187.42 | 41,929.85 |
| Total Income | 12,219.47 | 43,207.02 |
| Total expenses | 8,966.62 | 35,089.26 |
| Profit for the period | 2,401.22 | 5,335.43 |
Corporate Appointments and Decisions
The company finalized several strategic decisions during the Board meeting:- Secretarial Auditor Appointment: M/s SNM & Associates, practicing Company Secretaries (Peer Review No. 1603/2021), was appointed as the Secretarial Auditor for a term of five consecutive financial years. This appointment covers the period from the financial year 2026-27 to the financial year 2030-31, pending approval by the members at the ensuing Annual General Meeting.
- ESOP Approval: The Board approved the INDO-MIM Employees Stock Option Plan, 2024 (ESOP 2024), subject to member approval at the next AGM.
- AGM Notification: Notice for calling the 30th Annual General Meeting (AGM) for the financial year ended on March 31, 2026, was approved.
Operational Highlights and Dividend Payment
INDO-MIM Limited is engaged primarily in manufacturing engineering components, including Metal Injection Moulding (MIM), investment casting, precision machining, electronic component manufacturing, and 3D printing.The company also announced the payment of dividends. An aggregate dividend of ₹ 6.80 per equity share was paid, which included the 1st Interim Dividend of ₹ 3.50 per equity share and the 2nd Interim Dividend of ₹ 3.30 per equity share.
The consolidated results encompass entities such as Triax Industries, LLC (USA), Indo-MIM, Inc (USA), Conway Marsh Garrett Technologies Limited (UK), Phoenix DeVentures II. Inc (USA), and INDO-MIM Arms Components Private Limited (India).
INDOMIM Stock Price Movement
On Monday, INDO-MIM Limited saw its shares edge higher, closing at ₹866.15 after gaining 2.02% from the previous close. The security recorded a substantial traded volume of 2.09 million shares during the session on the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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