Corporate Action- Board approves Dividend
BIRLAPREC · price
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The board of Birla Precision Technologies, at its meeting on May 23, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion. The board recommended a final dividend of Rs. 0.05 per equity share (on Rs. 2 face value), subject to shareholder approval. FY25 standalone revenue fell to Rs. 20,718 lakhs from Rs. 22,577 lakhs in FY24, while standalone profit after tax dropped sharply to Rs. 543 lakhs from Rs. 1,066 lakhs; consolidated PAT was Rs. 585 lakhs vs Rs. 943 lakhs. The board also approved the voluntary strike-off of wholly owned subsidiary Birla Precision GMBH (contributing just 0.73% of revenue) and various auditor re-appointments.
The final dividend is modest (Rs. 0.05 on Rs. 2 face value) and the sharp profit decline — roughly halved year-on-year — signals weak earnings momentum, which is unlikely to drive positive stock action; the subsidiary closure is minor given its negligible contribution.