Declaration of Dividend and AGM date
BOSCH-HCIL · price
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Awaiting price reaction for this filing.
The board met on May 20, 2025 and approved audited financial results for FY ended March 31, 2025. Revenue from operations jumped to Rs. 2,756.5 crore from Rs. 1,918.7 crore in FY24, a growth of about 43.7% year-on-year. The company swung back to profit, posting a net profit of Rs. 58.8 crore versus a loss of Rs. 75.7 crore in the previous year, with EPS of Rs. 21.6 (vs. loss of Rs. 27.8). Statutory auditors Price Waterhouse & Co issued an unmodified opinion on the financial statements. The board recommended a final dividend of Rs. 15 per share (150%) for FY25, against no dividend in FY24, with June 10, 2025 as the record date and the AGM scheduled for June 25, 2025.
Strong turnaround with revenue growth, return to profitability, and resumption of dividends after a loss-making FY24 should be viewed positively by shareholders; the stock may see a supportive reaction around the record date and AGM.