Board of Directors of the Company has approved & recommended final dividend of Rs. 0.07/- per equity share.
COMFINTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Comfort Intech Limited, at its meeting held on May 20, 2025, approved a final dividend of Rs. 0.07 per equity share (7% on face value of Re. 1), subject to shareholder approval at the upcoming AGM. The company also announced audited financial results for the quarter and year ended March 31, 2025. Standalone total income for FY25 stood at Rs. 17,971.45 lakhs (vs Rs. 18,651.00 lakhs in FY24), with profit after tax rising to Rs. 790.19 lakhs (vs Rs. 717.62 lakhs in FY24), translating to a standalone EPS of Rs. 0.25 (vs Rs. 0.22). On a consolidated basis, profit after tax was Rs. 1,150.68 lakhs (vs Rs. 1,708.39 lakhs in FY24), with EPS of Rs. 0.35 (vs Rs. 0.54). The Board also appointed a new Internal Auditor and Secretarial Auditor, while the previous Company Secretary resigned and a new one was appointed.
Shareholders are likely to receive a modest final dividend of Rs. 0.07 per share pending AGM approval. Standalone profitability improved year-on-year, but consolidated profit declined due to lower associate share of profit, which may be a point of investor concern.