Please find the attached copy of the Outcome of Board Meeting held on 23 May 2025
BATLIBOI · price
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Batliboi Ltd's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations fell to Rs. 29,056 lakhs in FY25 from Rs. 32,452 lakhs in FY24, a decline of about 10.5%, while net profit dropped sharply to Rs. 680 lakhs from Rs. 1,462 lakhs. Q4 FY25 standalone revenue was Rs. 9,367 lakhs with a net profit of Rs. 325 lakhs versus a loss of Rs. 202 lakhs in Q4 FY24. The Board recommended a final dividend of 12% (Rs. 0.60 per share) and 1% on preference shares, subject to shareholder approval. RSM India was appointed as Internal Auditor for FY26 and D.S. Momaya & Co. LLP as Secretarial Auditor for five years. Additionally, 55,000 stock options were granted under ESOP at Rs. 73 per share, and Managing Director Sanjiv Joshi and Whole Time Director Nirmal Bhogilal were re-appointed for five-year terms. The auditor issued an unmodified opinion on the results, though prior period comparatives were restated to reflect the amalgamation of Batliboi Environmental Engineering Limited.
Shareholders will receive a Rs. 0.60 per share final dividend, but the significant drop in full-year revenue and profit, along with negative operating cash flow, may weigh on near-term sentiment. The completion of the amalgamation and re-appointment of experienced leadership provide continuity, while the ESOP grant aligns employee interests with shareholders.