The Board has recommended final dividend subject to approval of shareholders
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Awaiting price reaction for this filing.
The Board of Directors of Gujarat Craft Industries Ltd, at its meeting on 27th May 2025, approved the audited standalone financial results for the quarter and financial year ended 31st March 2025. The Board has recommended a final dividend of Re. 1 per equity share (10%) on the face value of Rs. 10, subject to shareholder approval at the upcoming Annual General Meeting. The statutory auditors (Kantilal Patel & Co.) issued an unqualified audit opinion on the financial results. The company's basic EPS for FY25 stood at Rs. 5.50 against Rs. 6 in the previous year (FY24).
The proposed Re. 1 dividend represents a modest payout of 10% on face value and is conditional on shareholder approval; small retail investors may see a minor income, but the dividend alone is unlikely to drive significant stock price action.