Honda India Power Products Limited has informed the Exchange about General Updates
HONDAPOWER · price
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The Board approved the audited financial results for FY ended March 31, 2025, with the statutory auditor (BSR & Co. LLP) issuing an unmodified opinion. Revenue from operations fell to Rs. 79,423 lakhs from Rs. 98,907 lakhs in FY24, a decline of about 20% year-on-year. Profit after tax came in at Rs. 7,931 lakhs (vs Rs. 9,241 lakhs last year), with EPS of Rs. 78.81 (vs Rs. 90.91). The Board recommended a final dividend of Rs. 21.50 per share (215% on face value of Rs. 10), subject to shareholder approval, with payment scheduled for October 16, 2025. The company also announced the rotation of its secretarial auditor (to TVA & Co. LLP), internal auditor (to Deloitte Touche Tohmatsu India LLP), and re-appointed Rakesh Singh & Co. as cost auditor.
The sharp ~20% drop in revenue is a key concern for shareholders and may weigh on the stock in the short term, though profitability remained healthy with a robust 215% dividend payout signalling cash flow strength. The auditor rotations are routine and aligned with company policy, with no governance red flags.