Sadhana Nitrochem Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2025, recommended Final Dividend of 0.10 per equity share.
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Sadhana Nitrochem's Board, at its May 2, 2025 meeting, recommended a final dividend of Rs. 0.10 per equity share (10% on face value of Re. 1) for FY25, subject to shareholder approval at the upcoming AGM. The audited standalone results show a sharp decline — revenue fell from Rs. 18,886 lakh to Rs. 13,337 lakh (about 29% drop), and standalone net profit dropped from Rs. 741 lakh to Rs. 522 lakh (about 30% lower). However, consolidated net profit improved to Rs. 756 lakh from Rs. 408 lakh, supported by subsidiary performance. The company also confirmed that Rs. 20.39 crore raised from the recent Rights Issue has been fully utilized for the stated object as of March 31, 2025. Auditors for FY26 (statutory, internal, cost, and secretarial) were also appointed.
The small Rs. 0.10 dividend on a Re. 1 face value share signals a conservative payout amid weak standalone earnings. Investors may view the sharp standalone revenue and profit decline as a concern, though the consolidated improvement and confirmed use of rights issue funds provide some reassurance.