Foods & Inns Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of Rs. 0.30 per equity share.
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The Board of Directors of Foods & Inns Limited, at its meeting on May 19, 2025, recommended a final dividend of Rs. 0.30 per equity share (30% on face value of Re. 1) for FY ended March 31, 2025. The company noted this is in line with its 'normal' 30% dividend policy, indicating no change from prior years. The announcement came alongside audited FY25 results: standalone revenue of Rs. 972.92 crore (down ~2% YoY) but net profit of Rs. 44.34 crore (up ~21% YoY) with EPS of Rs. 6.33. The Board also approved investing or lending up to Rs. 10 crore to its wholly owned subsidiary Udhyaan Agroproduct for asset acquisition. The auditor (G.M. Kapadia & Co.) issued an unmodified opinion on the financial statements.
A steady, unchanged dividend signals consistent shareholder returns with no negative surprise. The 21% jump in net profit despite flat revenue, plus the recent receipt of a Rs. 25.08 crore PLI incentive, are mildly positive for the stock, though the maintained payout suggests the company is not returning additional cash to shareholders.