Ashish Kacholia to receive ₹2.79 lakh as dividend from Balu Forge
Balu Forge Industries saw impressive FY25 results, with net sales up 65% to ₹924 crore and net profit skyrocketing 118% to ₹204 crore. Q4FY25 alone reported ₹270 crore in sales (up 67.3%) and ₹63 crore net profit (up 123.1%). The company recommended dividend of ₹0.15 per share. Ace investor Ashish Kacholia, holding 1.73% stake, will receive a dividend of ₹2,79,890.