Shriram Pistons & Rings announced that the Board of Directors of the Company at its meeting held on 7 May 2025, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Shriram Pistons & Rings announced that the 61th Annual General Meeting(AGM) of the company will be held on 1 August 2025.Powered by Capital Market - Live News

Net profit of Shriram Pistons & Rings rose 22.52% to Rs 146.55 crore in the quarter ended March 2025 as against Rs 119.61 crore during the previous quarter ended March 2024. Sales rose 15.52% to Rs 988.37 crore in the quarter ended March 2025 as against Rs 855.56 crore during the previous quarter ended March 2024.For the full year,net profit rose 14.49% to Rs 506.68 crore in the year ended March 2025 as against Rs 442.55 crore during the previous year ended March 2024. Sales rose 14.91% to Rs 3549.83 crore in the year ended March 2025 as against Rs 3089.33 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales988.37855.56 16 3549.833089.33 15 OPM %21.2820.69 -20.4020.78 - PBDT229.36191.49 20 801.34696.84 15 PBT201.07157.91 27 681.66589.13 16 NP146.55119.61 23 506.68442.55 14 Powered by Capital Market - Live News

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 7 May 2025.Powered by Capital Market - Live News

Shriram Pistons & Rings  (SPRL) has entered into a Share Purchase Agreement with existing shareholders of Karna InterTech (Karna) to acquire 100% equity stake in Karna for a consideration of Rs 5 crore. Karna is a key supplier of gravity die casting moulds to SPRL, which are utilised in the manufacturing of piston castings. SPRL provides the mould design, which is extremely sensitive and confidential. Karna can produce high-precision items to the greatest levels of quality because of its highly skilled workforce. In light of the above, and to leverage synergies while catering to the future requirements of SPRL`s existing plants, the acquisition would be beneficial in the long term growth of the Company. Powered by Capital Market - Live News