IKIO Lighting Ltd Share Price – NSE  /  BSE

Capital Goods - Electrical Equipment, Small Cap

IKIO Lighting announced that the 8th Annual General Meeting(AGM) of the company will be held on 20 August 2024.

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The Board of IKIO Lighting at its meeting held on 24 May 2024 has approved the appointment of Dr. Rachana Chawdhary (DIN-06407501) as an Additional Director in the category of Independent Women Director of the Company for a term of 3 consecutive years commencing from 24 May 2024 up to 23 May 2027, subject to approval of shareholders of the Company.

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IKIO Lighting announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of IKIO Lighting declined 31.36% to Rs 9.52 crore in the quarter ended March 2024 as against Rs 13.87 crore during the previous quarter ended March 2023. Sales declined 19.70% to Rs 94.79 crore in the quarter ended March 2024 as against Rs 118.04 crore during the previous quarter ended March 2023.

For the full year,net profit rose 21.04% to Rs 60.57 crore in the year ended March 2024 as against Rs 50.04 crore during the previous year ended March 2023. Sales rose 22.07% to Rs 437.95 crore in the year ended March 2024 as against Rs 358.77 crore during the previous year ended March 2023.

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