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Aveer Foods' board approved audited financial results for Q4 and FY25 (year ended 31 March 2025). FY25 revenue from operations rose to Rs. 10,851.89 lakhs (up from Rs. 9,639.80 lakhs last year), with profit after tax jumping to Rs. 393.91 lakhs (from Rs. 125.34 lakhs) and basic EPS at Rs. 9.78 versus Rs. 3.11. The board recommended a final dividend of Rs. 0.25 per share (2.5% on face value of Rs. 10), subject to shareholder approval. Three directors were re-appointed: Vishal Chordia and Anand Chordia as Managing Directors for 5 years from 15 July 2025, and Bapu Gavhane as Whole Time Director till 30 October 2026. The board also appointed M/s Satish & Satish as secretarial auditor and noted receipt of Rs. 6.25 crores upfront (25%) from a Rs. 26 crore convertible warrant issue to promoters at Rs. 575 per warrant, intended mainly for acquiring M/s Bora Industries.
Strong earnings recovery with profit more than tripling year-on-year and a modest dividend declared, likely viewed positively by shareholders. Continuation of promoter family members as Managing Directors signals leadership stability, while the preferential warrant issue to promoters will dilute existing shareholders when converted.