Approved the Audited Standalone & Consolidated Financial Results, statement of Assets & Liabilities and Cash Flow Statement for the quarter and year ended on 31st March, 2025 along with Auditor's Report of Statutory Auditors of the Company
BANSWRAS · price
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Banswara Syntex Limited's board approved audited standalone and consolidated financial results for Q4 and FY ended 31st March 2025, along with the auditor's report from K G Somani & Co. LLP, which carried an unmodified (clean) opinion. The board recommended a final dividend of ₹1 per equity share (face value ₹5) for FY25, which would result in a cash outflow of about ₹342.32 lakhs subject to shareholder approval. Standalone profit after tax for FY25 came in at ₹2,706.55 lakhs versus ₹3,591.67 lakhs in FY24, a decline of roughly 25%, while total revenue stood at around ₹1,28,213 lakhs. The board also appointed Mihen Halani & Associates as Secretarial Auditor for five years (FY26–FY30) and Ankit Maheshwari & Associates as Chief Internal Auditor for FY26.
A clean audit opinion is reassuring and removes a key negative overhang for shareholders. However, the year-on-year drop in standalone profit despite stable revenues and a modest ₹1 dividend suggest weak margin performance, which may temper near-term positive sentiment on the stock.