Announced Thu, 29 May · 19:16 IST

Recommendation of Dividend

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Jost's Engineering Company Limited met on 29th May 2025 and approved audited standalone and consolidated results for Q4 and FY ended 31st March 2025. Standalone revenue from operations rose to Rs. 21,733 lakh in FY25 from Rs. 17,419 lakh in FY24 (up ~25%), while standalone profit after tax grew to Rs. 1,608 lakh from Rs. 911 lakh (up ~77%). Standalone EPS stood at Rs. 16.11 vs Rs. 9.90 a year ago. Consolidated revenue was Rs. 23,891 lakh and consolidated PAT was Rs. 1,754 lakh (vs Rs. 990 lakh). The Board recommended a dividend of Rs. 1.25 per equity share (125% on face value of Rs. 1), subject to shareholder approval. The Company also accepted the resignation of CFO Rohit Jain (effective 31st May 2025) and appointed Pranesh Bhandari as the new CFO effective 1st June 2025.

Likely market impact

Strong double-digit growth in both revenue and profit, along with a healthy dividend payout, is a positive signal for shareholders. The CFO transition is a key managerial change to watch, though no operational disruption is indicated.