Global Education Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 0.50 per equity share.
GLOBAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Global Education Limited's Board, at its May 16, 2025 meeting, approved audited standalone and consolidated financial results for FY ended March 31, 2025. The Board recommended a final dividend of Rs. 0.50 per equity share (25% on face value of Rs. 2), subject to shareholder approval at the 14th AGM on July 25, 2025. The record date for the dividend is fixed as July 11, 2025. Standalone FY25 net profit came in at Rs. 2,518.67 lacs, down from Rs. 3,044.63 lacs in FY24, while total income slipped to Rs. 7,143.58 lacs from Rs. 7,395.35 lacs. The Board also approved related-party transactions up to Rs. 7 crores each with Midastech Ventures and Cerebral Tech Ventures, and authorized investing up to Rs. 15 crores in NSE shares.
The Rs. 0.50 per share final dividend marks a sharp reduction from the prior year's payout (around Rs. 1.40 per share equivalent paid in FY25), which may disappoint income-focused shareholders. Combined with a ~17% drop in net profit, this signals earnings pressure, though the company remains debt-free with a strong net worth of Rs. 103.73 crores.