Automotive Axles Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 305 per equity share.
AUTOAXLES · price
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Automotive Axles Limited's Board, at its meeting on May 20, 2025, approved audited results for FY ended March 31, 2025, and recommended a final dividend of Rs. 30.50 per equity share (305% on face value of Rs. 10), subject to shareholder approval. Revenue from operations for FY25 stood at Rs. 2,077.54 crore, down from Rs. 2,229.17 crore in FY24. Net profit for FY25 was Rs. 155.54 crore versus Rs. 166.16 crore in FY24, with EPS at Rs. 102.92 (vs Rs. 109.95). The Board set August 5, 2025 as the record date for the dividend, with the 44th AGM scheduled for August 12, 2025 and dividend payment by September 11, 2025. The Board also appointed Pracheta and Associates as Secretarial Auditors for five years and approved modifications to the Risk Management Policy.
Investors holding shares as of August 5, 2025 will be eligible for the Rs. 30.50 per share dividend. The year-on-year decline in both revenue and profit is a mild negative, but the healthy dividend payout signals strong cash generation and shareholder rewards.