Outcome of Board Meeting held on 30.05.2025
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The board approved audited standalone and consolidated financial results for the half-year and year ended March 31, 2025, along with the audited annual accounts for FY 2024-25. Standalone revenue grew ~30.6% to Rs. 12,614.67 lakhs (FY24: Rs. 9,659.92 lakhs), while consolidated revenue stood at Rs. 12,951.48 lakhs (FY24: Rs. 11,089.79 lakhs). Standalone PAT was Rs. 1,383.31 lakhs versus Rs. 1,283.38 lakhs in FY24, a modest 7.8% rise impacted by higher tax incidence. Underlying operating profit jumped from Rs. 795.28 lakhs to Rs. 1,860.04 lakhs (before exceptional items), expanding the EBITDA margin from about 9% to nearly 15.7%. The statutory auditor (K.N. Gutgutia & Co.) issued an unmodified (clean) opinion on both sets of results. The board also appointed B.K. Barik & Associates as Secretarial Auditor (5-year term, subject to shareholder approval), Sohan Lal Jalan and Associates as Cost Auditor, and Kumar Sanjeev and Associates as Internal Auditor for FY 2025-26.
Strong top-line growth and clear expansion in operating margins point to healthier core business performance, which is positive for shareholders. Reported bottom-line growth was muted only because of higher taxes and a non-recurring gain in the base year, so the underlying earnings story remains constructive.