This is to inform The Exchange that the Board of Directors of the Company at their meeting held today i.e. on Thursday, August 07, 2025 has approved the following:- 1) The Un-audited ....
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The Board of Confidence Futuristic Energetech Ltd, at its meeting on August 7, 2025, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations jumped sharply to Rs 97.64 lakhs from Rs 10.50 lakhs in Q1 FY25, though standalone profit after tax slipped to Rs 56.63 lakhs from Rs 66.37 lakhs. On a consolidated basis, revenue from operations fell about 23% YoY to Rs 4,097.85 lakhs, and profit after tax dropped roughly 46% to Rs 23.01 lakhs, dragged down by weaker performance in the Cylinder Division. The Board also recommended a final dividend of 5% (Rs 0.25 per share on a Rs 5 face value) for FY 2024-25, subject to shareholder approval. Auditor review reports from LNJ & Associates and Koshal & Associates were clean, with no qualifications.
Mixed signals for shareholders – the Cylinder Division (the larger business) saw both revenue and segment profit decline sharply, weighing on consolidated earnings, while the small LPG Division posted very strong growth and a modest dividend was declared. Investors may watch for the Cylinder Division turnaround in coming quarters.