Happy Forgings Limited has informed the Exchange that Board of Directors at its meeting held on May 17, 2025, recommended Final Dividend of 3 per equity share.
HAPPYFORGE · price
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Happy Forgings' Board, at its May 17, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ending March 31, 2025, with the statutory auditor (S.R. Batliboi & Co. LLP) issuing an unmodified opinion. Standalone FY25 revenue from operations rose to Rs. 1,40,889 lacs from Rs. 1,35,824 lacs a year ago, while profit after tax grew to Rs. 26,757 lacs from Rs. 24,299 lacs, with EPS at Rs. 28.40. The Board recommended a final dividend of Rs. 3 per equity share (face value Rs. 2), subject to shareholder approval at the 46th AGM on July 29, 2025. The Board also approved the re-appointment of S.R. Batliboi & Co. LLP as statutory auditor through 2030, appointed new secretarial and cost auditors, and continued Mr. Paritosh Kumar as Chairman & Managing Director beyond age 70.
A modest final dividend of Rs. 3 per share (150% on face value of Rs. 2) rewards shareholders, while healthy growth in revenue and profits signals steady operational performance. The clean audit opinion and continuity of key auditors and leadership should support investor confidence.