Gloster Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 20 per equity share.
GLOSTERLTD · price
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The Board of Gloster Limited, at its meeting on May 29, 2025, approved audited standalone and consolidated results for FY25 and recommended a final dividend of Rs. 20 per equity share (200%), subject to shareholder approval. On a standalone basis, revenue from operations dipped slightly to Rs. 626.7 crore (from Rs. 646.6 crore in FY24), with profit after tax at Rs. 43.7 crore (vs Rs. 44.1 crore) and EPS of Rs. 39.96. On a consolidated basis, revenue grew about 14% to Rs. 734.8 crore, helped by the new Cables segment, but the group swung to a net loss of Rs. 13.3 crore (vs profit of Rs. 24.4 crore in FY24) and reported negative operating cash flow of Rs. 99 crore. The auditor (Price Waterhouse) gave an unmodified opinion on standalone results but flagged an Emphasis of Matter on pending trademark litigation involving a subsidiary.
The 200% dividend is a positive signal for income-seeking shareholders, but the consolidated swing to a loss, sharply higher borrowings, and negative operating cash flow may weigh on the stock in the near term despite stable standalone profitability.