Gandhar Oil Refinery (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2025, recommended Final Dividend of 0.5 per equity share.
GANDHAR · price
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Gandhar Oil Refinery's Board, on May 22, 2025, recommended a Final Dividend of Rs. 0.50 per share (25% on face value of Rs. 2) for FY25, subject to shareholder approval at the 33rd AGM on August 12, 2025 (record date: August 1, 2025). On the financial front, standalone revenue from operations grew ~11% YoY to Rs. 31,602.58 million, but standalone profit after tax fell sharply to Rs. 752.90 million from Rs. 1,187.10 million last year, with EPS dropping to Rs. 7.69 from Rs. 13.75. Consolidated revenue declined ~5% to Rs. 38,969.23 million and consolidated PAT nearly halved to Rs. 834.96 million. The Board also appointed new statutory and secretarial auditors and re-appointed key directors including Chairman Ramesh Parekh as Managing Director for another 5 years.
The modest final dividend offers limited income return, while the steep YoY drop in both standalone and consolidated profits despite revenue growth signals margin pressure, which may weigh on short-term investor sentiment. Corporate housekeeping changes (auditor rotation, director re-appointments) are routine and not material to shareholders.