The Board of Directors at their meeting held on May 16, 2025 have recommended a dividend of Rs. 3.5/- per share, subject to approval of members at the ensuing annual general meeting.
DAICHI · 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 Dai-Ichi Karkaria, held on May 16, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, and recommended a final dividend of Rs. 3.5 per share (35%) on equity shares of face value Rs. 10, subject to shareholder approval at the upcoming AGM. This is a 75% increase over the previous year's dividend of Rs. 2 per share. Standalone FY25 revenue grew to Rs. 18,138 lakhs from Rs. 13,158 lakhs in FY24, while standalone profit after tax fell to Rs. 618 lakhs from Rs. 1,597 lakhs, as FY24 included an exceptional gain of Rs. 2,058 lakhs from the Dahej fire insurance claim settlement. Consolidated FY25 profit stood at Rs. 902 lakhs versus Rs. 1,390 lakhs. Auditor B S R & Co. LLP issued an unmodified opinion on both results.
Shareholders stand to receive a higher dividend this year, which is a positive signal of management confidence despite the lower headline profit numbers. The profit decline is largely optical due to the absence of last year's one-time insurance gain; underlying operations improved meaningfully with profit before exceptional items rising sharply from Rs. 27 lakhs to Rs. 694 lakhs.