We would like to inform you that the Board of Directors of our Company at their meeting held on 16th July, 2025 has considered and approved un-audited financial results for the quarter ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Axtel Industries met on 16th July 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total income for the quarter stood at Rs. 2,906.59 lakhs, down significantly from Rs. 4,560.85 lakhs in the same quarter last year. Profit after tax came in at Rs. 189.61 lakhs (EPS of Rs. 1.17) versus Rs. 411.10 lakhs (EPS of Rs. 2.54) in Q1 FY25, a sharp YoY decline of around 54%. The Board also recommended an additional final dividend of Rs. 6 per share (60%), taking the total FY25 dividend to Rs. 11 per share (110%), including the interim dividend of Rs. 5 already declared in March 2025. Additionally, M/s. Ruchita Patel & Associates was recommended as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.
The steep year-on-year fall in both revenue (~36%) and profits (~54%) is a negative signal for shareholders, suggesting weak order execution or demand slowdown in Q1. However, the strong total dividend payout of Rs. 11 per share for FY25 (110% on face value) provides some income support and signals management confidence in full-year cash generation despite the weak start.