Final Dividend Intimation for the FY25
Awaiting price reaction for this filing.
Triveni Engineering & Industries' board has recommended a final dividend of Rs. 2.50 per share (250% on Re. 1 face value) for FY25, subject to shareholder approval at the AGM on September 8, 2025, with record date fixed as September 1, 2025. For FY25, standalone revenue grew to Rs. 6,655 crore from Rs. 6,149 crore in FY24, but profit after tax declined sharply to Rs. 248 crore from Rs. 392 crore the previous year, with FY25 EPS at Rs. 11.35 vs Rs. 17.89. Consolidated revenue came in at Rs. 6,808 crore with consolidated PAT at Rs. 238 crore. The board also approved appointments of secretarial and cost auditors, and noted the ongoing composite scheme involving amalgamation of Sir Shadi Lal Enterprises and demerger of the Power Transmission business, awaiting stock exchange approval.
The Rs. 2.50 dividend is meaningfully lower than what the company paid out last year (~Rs. 7.75 per share equivalent based on Rs. 169.65 crore paid in FY24), reflecting weaker profitability from the sugar segment; shareholders may see limited near-term dividend support, though the stock could still benefit optically from the demerger scheme progress.