INOX India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
INOXINDIA · price
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INOX India Limited's board approved audited financial results for Q4 and FY ending March 31, 2025. Consolidated revenue from operations grew ~15% YoY to Rs. 1,305.99 crores (vs Rs. 1,133.34 crores in FY24), while profit after tax rose ~15% YoY to Rs. 226.03 crores (vs Rs. 196.00 crores). Basic EPS for FY25 stood at Rs. 24.90 (vs Rs. 21.59). The board recommended a final dividend of Rs. 2 per share (100% on face value of Rs. 2), with record date set as June 4, 2025. The results include an exceptional income of Rs. 7.17 crores from a settlement agreement with the USA subsidiary CVA Inc (relating to an old trade dispute). Statutory auditors SRBC & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The board also appointed M/s. Samdani Shah & Kabra as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30).
The results show steady double-digit growth in both revenue and profits with healthy margins, backed by a clean audit opinion and a shareholder-friendly 100% dividend. The stock is likely to see a positive reaction, supported by the dividend announcement and strong operational performance, though growth rates did not cross the 20% mark for revenue or 25% for PAT.