Bliss GVS Pharma Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of 0.50 per equity share.
BLISSGVS · price
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Bliss GVS Pharma's board met on May 12, 2025 and approved audited results for Q4 and FY ended March 31, 2025, with an unmodified audit opinion. On a standalone basis, revenue from operations grew ~10% to Rs. 66,720 lakh and net profit jumped ~36% to Rs. 6,897 lakh (helped by the absence of last year's Rs. 4,109 lakh exceptional impairment). Consolidated revenue rose ~5% to Rs. 80,973 lakh and net profit grew ~11% to Rs. 9,026 lakh. The board recommended a final dividend of Rs. 0.50 per share (50% on Rs. 1 face value), subject to shareholder approval at the 40th AGM on July 31, 2025. The company also approved the sale of its 51% step-down subsidiary Greenlife Bliss Healthcare (Nigeria) to the existing non-controlling shareholder for USD 1.3 million, issuance of up to 12.1 lakh sweat equity shares to the MD and a Vice President, and re-appointment of BDO India as internal auditor.
For shareholders: a modest final dividend and strong standalone profit growth, partly due to last year's one-time impairment not repeating. Dilution risk from sweat equity to the MD and VP, and ongoing restructuring of African subsidiaries, are the key points to watch.