outcome of Board Meeing held on 29th May 2025 For Audited Financial Results For The Period Ended March 31, 2025
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The Board approved audited financial results for the quarter and year ended 31st March 2025, prepared under Ind AS. The Board recommended a final dividend of Rs. 1 per equity share, subject to shareholder approval at the 33rd AGM. Profit after tax for FY25 stood at Rs. 232.04 lakhs versus Rs. 231.63 lakhs in FY24, indicating near-flat year-on-year earnings. The company revalued its land during the year, with a fair value increase of Rs. 7,364.77 lakhs credited to Other Comprehensive Income as Revaluation Surplus. The Board also took note of a proposal under evaluation to set up a 35-40 MW solar power generation facility, either for captive use or commercial sale, possibly through a wholly owned subsidiary or SPV.
Earnings were essentially flat year-on-year, but the modest Rs. 1 dividend and zero debt-equity ratio offer stability. The proposed solar power foray signals a strategic diversification push that could shape future growth, though the land revaluation is a non-cash boost to reserves.