Finolex Industries Limited has informed the Exchange that the Board have recommended a final dividend of Rs. 2 per fully paid up equity share of Rs. 2 each and a special dividend of Rs. 1.60 per equity share aggregating to total dividend of Rs. 3.60 per equity share i.e. 180% for the Financial Year ended 31st March, 2025, subject to approval of Members at the ensuing 44th Annual General Meeting of the Company
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Finolex Industries' Board approved audited FY25 results along with a final dividend of Rs. 2 per share and a special dividend of Rs. 1.60 per share, taking the total payout to Rs. 3.60 per share (180%) for FY25, subject to shareholder approval. Standalone revenue from operations dipped about 4% to Rs. 4,141.97 Cr from Rs. 4,317.43 Cr, while standalone net profit surged to Rs. 777.86 Cr from Rs. 455.30 Cr, largely aided by a Rs. 416.99 Cr exceptional item. Consolidated net profit rose to Rs. 800.03 Cr and EPS climbed to Rs. 12.58 (standalone) / Rs. 12.94 (consolidated) from Rs. 7.36 / Rs. 7.66. The Board also noted the resignation of CHRO Mrs. Sarita Tripathi (effective 19 June 2025), re-designated Mr. Rachit Agrawal as Head - Management Audit, and rotated internal auditors from Ernst & Young LLP to M M Nissim & Co LLP for FY26.
The 180% dividend is a healthy reward for shareholders, but the headline profit jump is mostly driven by a one-time exceptional gain while core revenue declined, suggesting underlying business softness despite strong cash returns.