Board of Directors recommended dividend subject to approval by shareholders of the company in AGM
Awaiting price reaction for this filing.
Triveni Engineering & Industries' Board has recommended a final dividend of Rs. 2.50 per equity share (250% on face value of Re. 1) for FY25, subject to shareholder approval at the 89th AGM scheduled for September 8, 2025; the record date is September 1, 2025. The Board also approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditor S.S. Kothari Mehta & Co. LLP issuing an unmodified (clean) opinion. Standalone FY25 revenue from operations rose to Rs. 6,655.40 crore (from Rs. 6,149.14 crore), but standalone profit after tax fell sharply to Rs. 248.42 crore (from Rs. 391.52 crore). The Board also appointed M/s Suresh Gupta & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) and cost auditors for the Sugar and Power Transmission businesses for FY 2025-26.
Positive for shareholders via the 250% dividend, but the steep decline in full-year profit may weigh on near-term sentiment. Clean (unmodified) audit opinion supports confidence in reported numbers.