Audited Financial Results and Cash Flow Statement for the Quarter and Financial Year Ended 31st March, 2025
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Acknit Industries reported FY25 revenue from operations of ₹24,037.41 lakhs, up about 9% from ₹22,065.73 lakhs in FY24. Net profit for the year rose to ₹899.51 lakhs (vs ₹855.20 lakhs), with basic EPS at ₹29.59 (vs ₹28.13). Q4 net profit was ₹316.09 lakhs, marginally higher than ₹307.48 lakhs in Q4 FY24. The Hand Gloves and Garment segments drove growth, while Power Generation remained loss-making. Operating cash flow swung sharply positive to ₹1,005.66 lakhs (vs negative ₹853.02 lakhs last year). Statutory auditors M/s SRB Associates issued an unmodified (clean) opinion. The Board recommended a dividend of ₹1.50 per share (15%) and disclosed plans for expansion into industrial shoes, leather gloves, and readymade garments, with new manufacturing facilities planned at Falta and Banipur in West Bengal.
Steady, modest growth in revenue and profits with a clean audit report and consistent dividend signals operational stability for shareholders. Expansion plans into new product lines and industrial land acquisitions could support future growth but may also raise capital expenditure needs.