Dear sir/ Madam, PFA outcome of Board Meeting held on 27th May 2025.
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Awaiting price reaction for this filing.
Indus Finance Limited's board approved audited financial results for Q4 and full year ended 31st March 2025, along with several governance changes. Total income for FY25 grew to Rs. 579.25 lakhs from Rs. 398.99 lakhs in FY24 (up ~45%), while net profit rose to Rs. 103.65 lakhs from Rs. 74.99 lakhs (up ~38%). EPS stood at Rs. 1.12 vs Rs. 0.81. Statutory auditors B.N. Misra & Co. issued an unmodified opinion. A final dividend of Rs. 0.50 per share was recommended, subject to shareholder approval. The 34th AGM is scheduled for 23rd July 2025. The board also approved the appointment of Ms. Alice Chhikara as CEO, redesignated Mr. Bala Venckat Kutti as Managing Director, and recommended M/s. KRA & Associates as Secretarial Auditors.
Strong top-line and profit growth for FY25, clean audit opinion, and a modest dividend are positive signals. Leadership transition with a new CEO and Managing Director may be worth monitoring for execution impact.