IPD Group (ASX:IPG) has declared a final dividend of 4.7 AU cents per share.

This comes as the company’s financial year revenue from ordinary activities increased by an impressive 28.3% to a total of A$226.9 million.

According to the group, it is well positioned to play a significant role in efforts towards decarbonisation.

After accounting for the costs attributable to its initial public offering (IPO), IPD Group’s net profit after tax (NPAT) from ordinary activities rose by 45.0% to A$16.1 million.

The group also confirmed that the effect of the recent interest rate increases has minimal impact on its business.

IPD Group (ASX:IPG) is a global diversified company, involved in various sectors including utilities and renewable energy.