BSEHighPositive
Announced Thu, 24 Apr · 13:52 IST

Dividend

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Kirloskar Pneumatic Company Limited (KPCL) has recommended a final dividend of 325% (Rs. 6.50 per equity share) for FY2024-25, subject to shareholder approval at the AGM on July 24, 2025. For the full year ended March 31, 2025, standalone revenue grew to Rs. 1,62,863 lakhs from Rs. 1,32,262 lakhs, and net profit rose sharply to Rs. 21,107 lakhs from Rs. 13,328 lakhs. EPS for FY25 stood at Rs. 32.56 vs Rs. 20.60 last year. Q4 FY25 also showed strong growth, with revenue at Rs. 58,266 lakhs and profit at Rs. 8,065 lakhs. The company acquired a 55.26% stake in Systems and Components India Private Limited (SCIPL) in December 2024, making it a subsidiary. Additionally, Mrs. Varsha Vasant Purandare was appointed as an Independent Director for 5 years.

Likely market impact

Strong earnings growth with a healthy dividend payout signals robust business performance and rewards shareholders. The new subsidiary acquisition could expand the company's footprint, while the dividend announcement is typically viewed positively by income-focused investors.