Board of directors have approved to issue Rs. 0.05 dividend per equity shares
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The Board of Directors of Nirbhay Colours India Limited (formerly Parth Industries Limited) met on May 30, 2025, and approved audited financial results for Q4 and FY ended March 31, 2025. The company has recommended a final dividend of 0.5% (Rs. 0.05 per equity share of Rs. 10 face value) for FY 2023-24, subject to shareholder approval at the upcoming AGM. FY25 revenue grew to Rs. 276.09 lakhs from Rs. 176.62 lakhs, but net profit fell sharply to Rs. 7.32 lakhs from Rs. 121.80 lakhs. Q4 FY25 showed revenue of just Rs. 38.38 lakhs versus Rs. 176.62 lakhs in Q4 FY24, resulting in a small net loss of Rs. 0.35 lakhs. The auditors issued an unmodified opinion on the results.
The Rs. 0.05 dividend is very small (0.5% on face value) and represents a negligible payout for shareholders. Sharp year-on-year decline in both Q4 revenue and annual profit signals weakening business performance, which is likely to weigh on investor sentiment despite the dividend announcement.