Kirloskar Industries Limited has informed the Exchange about appointment of Secretarial Auditor of the Company
KIRLOSIND · price
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On 20 May 2025, the board of Kirloskar Industries Limited approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, with statutory auditors Kirtane & Pandit LLP issuing an unmodified (clean) opinion. The board recommended a final dividend of ₹13 per share (130% on face value of ₹10) for FY25, payable on or before 12 September 2025. Standalone FY25 profit after tax rose modestly to ₹78.32 Cr from ₹74.63 Cr in FY24, with basic EPS of ₹76.92, while total assets stood at ₹5,639 Cr and total equity at ₹5,108 Cr. The board also allotted 3,425 shares under the ESARP 2019 plan, marginally raising paid-up capital. On the governance front, Mr. George Verghese (currently with Kirloskar Group companies) was appointed as Additional Director and Managing Director for 5 years effective 20 May 2025, and Mr. M.J. Risbud was appointed as Secretarial Auditor for a 5-year term from FY26 to FY30.
A 130% dividend signals strong shareholder returns, and the appointment of a new MD from within the Kirloskar Group brings continuity. The clean audit report and steady profits are positive, but the MD transition is a key change for investors to watch in the coming quarters.