Outcome of Board Meeting - Audited Financial Results of the Company for the quarter and year ended March 31, 2025
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Forbes Precision Tools' Board approved the audited financial results for Q4 and FY25 on April 24, 2025, with statutory auditors Sharp & Tannan Associates issuing an unmodified opinion. Revenue from operations for FY25 stood at Rs. 23,266 lakhs vs Rs. 22,850 lakhs last year, a modest ~1.8% rise, while profit after tax dipped to Rs. 2,875 lakhs from Rs. 2,971 lakhs. The Board declared an interim dividend of Rs. 5 per share (50%) for FY26, with May 2, 2025 fixed as the record date. Operating cash flow was healthy at Rs. 5,132 lakhs. The Board also appointed Makarand M. Joshi & Co. as Secretarial Auditor for a 5-year term starting FY26, subject to shareholder approval.
The clean audit opinion and interim dividend signal stability, but the slight dip in profit despite revenue growth may temper investor enthusiasm. Shareholders of record by May 2, 2025 will receive the Rs. 5 per share interim dividend.