3P Land Holdings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 10, 2025.
3PLAND · price
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Awaiting price reaction for this filing.
3P Land Holdings reported audited results for Q4 and FY ended March 31, 2025. Total revenue from operations rose to ₹447.26 lakhs in FY25 from ₹355.76 lakhs in FY24, a growth of about 25.7%. Profit for the year grew to ₹209.02 lakhs from ₹180.79 lakhs (up ~15.6%), and EPS stood at ₹1.16 vs ₹1.00. Cash from operations improved sharply to ₹117.11 lakhs from ₹11.74 lakhs. However, Q4 FY25 saw a large negative other comprehensive income of ₹(9,534.26) lakhs due to a fall in fair value of equity investments. The Board has not recommended any dividend for FY25. Additionally, Mr. Romie Shivhari Halan was re-appointed as Non-Executive Independent Director for 5 years, and M/s Parikh & Associates was appointed as Secretarial Auditor for 5 years. The statutory auditor issued an unmodified opinion.
The strong revenue growth and improved operating cash flow are positives, but the absence of a dividend and a large mark-to-market loss on equity investments in Q4 may weigh on the stock. Shareholders will not receive any dividend payout for FY25.