The Board of Directors of the Company, in their meeting held today i.e. on 27th May,2025, inter alia, has: 1. Approved the Standalone Audited Financial Statements of the Company for Quarter ....
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Gujarat Craft Industries Ltd's board, at its meeting on 27th May 2025, approved the standalone audited financial results for the quarter and financial year ended 31st March 2025. The company reported a Profit After Tax of Rs. 390.69 lakhs for FY25, up from Rs. 303.87 lakhs in FY24, a growth of roughly 28.6%. Basic EPS for FY25 stood at Rs. 5.50. The statutory auditor, Kantilal Patel & Co., issued an unmodified (clean) opinion on the results. The board also recommended a final dividend of Re. 1 per share (10%) on equity shares of Rs. 10 face value, subject to shareholder approval at the upcoming AGM.
Shareholders will benefit from the proposed 10% final dividend and the year-on-year profit growth of nearly 29%. The clean audit opinion signals no major red flags in the accounts, though the extensive related-party loan transactions disclosed with promoter-group entities and key management personnel are worth tracking closely.