Aaron Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Aaron Industries reported strong FY25 results with revenue from operations rising to ₹7,793.05 lakhs, up about 23% from ₹6,322.67 lakhs in FY24. Net profit grew to ₹824.32 lakhs, a 30% jump from ₹633.09 lakhs last year, while EPS climbed to ₹7.86 from ₹6.00. Operating cash flow more than doubled to ₹863.25 lakhs (from ₹560.37 lakhs). The Elevator Division remains the main profit driver, contributing ₹3,013.12 lakhs in segment results, while the Steel Polishing Division continues to drag with losses of ₹1,505.84 lakhs at the segment level. The auditor (D C Jariwala & Co.) issued an unmodified (clean) opinion, and the Board recommended a final dividend of ₹1.20 per share (12% on face value of ₹10) for FY25, subject to shareholder approval.
Strong double-digit growth in both revenue and profit, coupled with a clean audit and dividend payout, is positive for shareholders. However, the Steel Polishing segment is still loss-making at the operational level, which is a watchpoint. Revisions in remuneration for the promoter Doshi family members are also on the agenda and will require shareholder approval at the upcoming AGM.