Board meeting held on May 09, 2025
As filed · GRP Limited has informed the Exchange regarding Board meeting held on May 09, 2025.
What happened
FactGRP Limited has informed the Exchange regarding Board meeting held on May 09, 2025. Phiroze Jeejeebhoy Towers,. Recommended a dividend of Rs. 14.50 (145%) (subject to deduction of tax at applicable rates) per.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
RevisedHowever, U.S. tariffs led to a 5% of reclaim rubber volumes being impacted with revenue from U.S.-linked customers including those in other regions reliant on the U.S. market.
This includes countries like Thailand, where we have seen a 31% decline in the volumes, and that is roughly equal to INR6.2 crores quarterly reduction in revenue.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- Over the next 3 years, we expect Reclaim Rubber to continue a sustained, mid-teen volume growth on the back of (management committed by FY27)
- In our tire recycling businesses for Reclaim Rubber, for example, we expect volumes in FY 2027 to grow by clos (management committed by FY27)
Evidence
- GRP Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.(opens the original filing in a new tab)
- Earlier statement · H1 FY26
- Latest statement · H1 FY26
- Earlier statement · H1 FY26
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%