The Board of directors at the meeting held today at 4.41p.m (start time) and concluded at 4.59 p.m (conclusion time), approved the following: 1) Audited Financial Statements for the year ....
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Board approved audited financial results for FY ending 31 March 2025. Revenue from operations rose to Rs. 81.45 crore from Rs. 67.84 crore in FY24, a growth of about 20%. Net profit for FY25 stood at roughly Rs. 8.0 crore, up about 27% from the previous year. The Board recommended a dividend of Rs. 2.80 per equity share (28% on face value of Rs. 10), subject to shareholder approval. The statutory auditor issued an unmodified (clean) opinion on the results. On the management side, Ms. Devaki Saran stepped down as CFO and was redesignated as Chairperson & Managing Director, while Ms. Mallika Saran was appointed as the new CFO and Executive Director & CFO for a 3-year term starting 1 June 2025. Q4 FY25 revenue came in at Rs. 25.10 crore with a quarterly PAT of Rs. 2.64 crore.
Strong double-digit revenue and profit growth along with a 28% dividend is positive for shareholders and signals healthy operating momentum. The CFO-to-Chairperson transition appears orderly and is part of a family-led succession plan, which should bring stability but also concentrates decision-making within a small group of related directors.