Integrated Filing (Financial)
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GTV Engineering Limited announced its audited annual financial results for FY2024-25. Total income from operations declined to Rs. 10,277.18 lakhs from Rs. 12,062.02 lakhs in FY2023-24, a drop of about 15%. Despite the lower revenue, profit after tax more than doubled to Rs. 1,104.53 lakhs (vs Rs. 540.71 lakhs last year), with EPS rising to Rs. 35.35 from Rs. 17.31. Total expenses fell sharply, especially employee costs and finance costs, which boosted margins. The Board has recommended a final dividend of Rs. 0.50 per share (5% of paid-up capital), subject to shareholder approval. The statutory auditor, Rath Dinesh & Associates, issued an unmodified (clean) opinion on the results.
Sharply higher profits and improved margins, plus a dividend declaration, are positive signals for shareholders, even though top-line revenue contracted. The clean auditor report adds credibility to the earnings beat.