The Board of Directors of the company at its meeting held today i.e., 30th May, 2025, has inter-alia considered and approved standalone financial results of the company for the quarter ....
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The Board approved standalone audited financial results for Q4 and FY ended March 31, 2025. Revenue from continuing operations declined to Rs. 5,373 lakhs (FY24: Rs. 5,612 lakhs), with Q4FY25 revenue dropping sharply to Rs. 379 lakhs vs Rs. 1,481 lakhs in Q4FY24. The company reported a loss of Rs. 167 lakhs from continuing operations for FY25, though total profit for the period surged to Rs. 8,362 lakhs, largely driven by a one-time gain of Rs. 8,529 lakhs from discontinued operations (sale of textile division assets). A final dividend of Rs. 1.50 per share (15%) was declared with a record date of July 4, 2025. The company also appointed Bajaj Todi & Associates as Secretarial Auditor for 5 years and replaced internal auditor D. Tiwari & Associates with B M Chatrath & Co. LLP effective June 1, 2025.
The headline PAT growth is misleading as it stems from a one-time divestment gain rather than core operations; the continuing tea and real estate businesses remain in loss, which is a concern for shareholders. The dividend payout signals cash availability, but the weak underlying operations and the change in internal auditor warrant close monitoring of core business performance.