IVP Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
IVP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IVP Limited's board approved audited financial results for Q4 and FY ended March 31, 2025. Full-year revenue from operations dipped slightly to Rs. 53,899 lakhs from Rs. 54,610 lakhs in FY24, while profit after tax fell to Rs. 1,131 lakhs from Rs. 1,228 lakhs, translating to EPS of Rs. 10.96 vs Rs. 11.89. Q4 alone showed revenue growth to Rs. 14,936 lakhs from Rs. 14,223 lakhs, though Q4 PAT slipped to Rs. 383 lakhs from Rs. 474 lakhs. Statutory auditors Rajendra & Co. issued an unmodified (clean) opinion. The board recommended a 10% final dividend (Rs. 1 per share), reappointed Mr. Mandar P. Joshi as Whole-Time Director & CEO for 3 years, and appointed new Secretarial and Cost Auditors.
Shareholders get a modest Rs. 1 per share dividend, but the headline concern is that operating cash flow turned sharply negative (a Rs. 481 lakh outflow vs Rs. 5,057 lakh inflow last year) and short-term borrowings jumped to Rs. 10,442 lakhs from Rs. 8,932 lakhs, signalling tighter working capital and higher reliance on debt even as profits slipped.