Outcome of Board meeting held on 16th May, 2025 - for details please refer attachment
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ASI Industries' board met on May 16, 2025 and approved audited financial results for Q4 and FY ended March 31, 2025. Revenue from operations grew about 7% to Rs. 15,476.56 lakhs (vs Rs. 14,469.23 lakhs last year), while full-year PAT rose modestly to Rs. 2,544.92 lakhs from Rs. 2,511.06 lakhs. Q4 PAT however fell to Rs. 888.98 lakhs from Rs. 1,246.62 lakhs a year ago due to higher other expenses. The board recommended a 40% dividend (Re. 0.40 per share of Re. 1 face value) subject to AGM approval, and appointed M/s. GMJ & Associates as secretarial auditor for five years. Statutory auditor B.L. Ajmera & Co. issued an unmodified opinion on the results.
Steady top-line growth and consistent dividend are positives for shareholders, but the sharp drop in Q4 profit and a swing to negative operating cash flow (Rs. 336 lakhs outflow vs Rs. 3,360 lakhs inflow last year) raise concerns on near-term earnings quality and working capital management.