Alicon Castalloy Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, declared Interim Dividend of Rs. 2.5 per equity share.
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Alicon Castalloy's board approved audited financial results for Q4 and FY ended March 31, 2025, with auditors issuing an unmodified opinion. Standalone revenue from operations grew to Rs. 1,52,500 lakhs (~9.3% YoY) but net profit declined to Rs. 3,784 lakhs (from Rs. 4,583 lakhs, a ~17% drop). On a consolidated basis, revenue rose to Rs. 1,72,064 lakhs (~10.3% YoY) while net profit fell sharply to Rs. 4,509 lakhs (from Rs. 6,137 lakhs, a ~26.5% drop), indicating margin pressure despite top-line growth. The board declared an interim dividend of Rs. 2.5 per share (50% on face value of Rs. 5) for FY25, with the record date set as May 17, 2025. Additionally, 75,000 equity shares were allotted under the ESOP 2022 scheme, and M/s. P.G. Bhagwat LLP was appointed as the new internal auditor for FY 2025-26.
The 50% interim dividend is a positive cash return for shareholders. However, the notable decline in profitability (PAT down ~17% standalone and ~26% consolidated) despite revenue growth signals margin compression, which may weigh on near-term investor sentiment despite the dividend cheer.