Signet Industries has announced a board meeting to approve the financial results for the quarter and half-year.

The company posted revenue of Rs. 345.09 Cr for the quarter and Rs. 1181.32 Cr for the year, with profit before tax of Rs. 10.78 Cr and Rs. 22.26 Cr respectively.

A 5% dividend (Rs. 0.8/share) is proposed.

Key auditor appointments were made.

A fire at the Pithampur plant led to estimated insured losses of Rs. 55.03 Cr, currently under claim.