Outcome of Board meeting held on May 30, 2025 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and ....
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Coral Laboratories' board approved audited financial results for Q4 and FY ended March 31, 2025, with the statutory auditor (M.A. Parekh & Associates) issuing an unmodified opinion. Revenue from operations jumped about 37% year-on-year to ₹11,500.53 lakhs (vs ₹8,366.04 lakhs in FY24), while net profit rose roughly 53% to ₹2,415.56 lakhs (vs ₹1,578.90 lakhs). EPS climbed to ₹67.61 from ₹44.19. The board recommended a 15% final dividend (₹1.50 per share on face value of ₹10), subject to shareholder approval. It also appointed M/s SARK & Associates LLP as secretarial auditor for five years (FY26–FY30), M/s S K Doshi & Associates as internal auditor for FY26, and M/s Aatish Dhatrak & Associates as cost auditor for FY26. Q4 standalone profit came in lower at ₹282.71 lakhs partly due to an exceptional item of ₹76.96 lakhs (provision for income tax of an earlier year).
Strong full-year revenue and profit growth along with a dividend announcement are positive signals for shareholders. The continued unmodified audit opinion and reappointment of auditors point to stable governance, though the sharp Q4 dip warrants a closer look at quarterly trends.