Outcome of Board Meeting held on May 20, 2025
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The Board approved audited financial results for Q4 and FY2024-25. Consolidated revenue from operations for the full year stood at Rs. 5,320.41 lakhs, up about 9% from Rs. 4,880.55 lakhs last year. Profit before tax jumped to Rs. 787.59 lakhs from Rs. 594.64 lakhs (~32% growth), and net profit after accounting for the associate company came in at Rs. 577.07 lakhs versus Rs. 449.46 lakhs (~28% growth). For the March quarter alone, revenue was Rs. 1,538.12 lakhs with net profit of Rs. 179.94 lakhs. EPS for FY25 was Rs. 18.18 versus Rs. 14.16 earlier. The Board also recommended a 20% final dividend (Rs. 2 per share), subject to shareholder approval. Statutory auditors have given an unmodified (clean) opinion on the results.
Strong double-digit profit growth and a stable dividend signal healthy operating performance. The clean audit opinion and continued dividend payout are positive for shareholders, though FY25 included a Rs. 8 crore strategic investment in EV charging startup Ultrafast Chargers, which may be of interest to investors tracking the company's diversification.