Board Recommend Final Dividend of 50 paisa on face value of Rs.10 each to shareholder to be considered in Annual General Meeting
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Axis Solutions Limited's Board of Directors, at its meeting held on May 30, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. The Board also recommended a final dividend of Rs. 0.50 (50 paisa) per equity share on a face value of Rs. 10 each, subject to shareholder approval at the upcoming AGM. Standalone FY25 revenue from operations stood at Rs. 20,031.61 lakhs with a net profit of Rs. 3,475.41 lakhs (EPS of Rs. 7.49). The Board also approved the appointment of Secretarial, Internal, and Cost Auditors for FY26, and entered into an inventory and intellectual property purchase agreement with a UK-based R&D entity.
The proposed dividend of Rs. 0.50 per share translates to a 5% payout on face value, but its yield on the current market price appears modest. Shareholders will need to await the record date announcement to determine eligibility. The board's diversification into a UK R&D partnership signals an expansion move, which could be viewed as a positive growth signal.