Outcome of board meeting_29.05.2025
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The board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified (clean) opinion from auditor Shah Gupta & Co. Standalone revenue grew to Rs. 21,733 lakh (up ~25% from Rs. 17,419 lakh last year), while profit after tax jumped to Rs. 1,608 lakh (up ~77% from Rs. 911 lakh). On a consolidated basis, revenue rose to Rs. 23,891 lakh and PAT to Rs. 1,754 lakh (up ~77%). The Engineered Products segment was the standout performer, growing ~57% year-on-year. Operating cash flow turned strongly positive at Rs. 1,753 lakh versus a cash outflow of Rs. 539 lakh last year. The board recommended a dividend of Rs. 1.25 per share (125%) and noted the resignation of CFO Rohit Jain, appointing Pranesh Bhandari as new CFO effective June 1, 2025.
Strong double-digit revenue and profit growth, improved cash generation, and a healthy 125% dividend should be viewed positively by shareholders. The CFO transition is a routine management change with no apparent concerns flagged.