Outcome of Board Meeting held on 28.04.2025
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The Board of Benares Hotels Limited approved the audited financial results for the financial year ended March 31, 2025. Revenue from operations rose to Rs. 13,546.63 lakhs from Rs. 12,056.27 lakhs in FY24, a growth of about 12%. Profit after tax grew to Rs. 4,324.95 lakhs from Rs. 3,604.28 lakhs, an increase of around 20%. Basic EPS stood at Rs. 332.69 versus Rs. 277.25 in the previous year. Statutory Auditor PKF Sridhar & Santhanam LLP issued an unmodified (clean) opinion on the financial statements. The Board has recommended a dividend of Rs. 25 per share (250%), unchanged from the previous year, subject to shareholder approval. Additionally, M/s D.S. Associates was appointed as Secretarial Auditor for five years starting FY 2025-26.
Solid earnings growth with a maintained high dividend payout reflects steady operational performance and shareholder-friendly policy. A clean audit opinion should bolster investor confidence in the stock.