Kirloskar Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of 13 per equity share.
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Kirloskar Industries' Board, at its May 20, 2025 meeting, approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025, along with an unmodified (clean) audit opinion from Kirtane & Pandit LLP. It recommended a Final Dividend of ₹13 (130%) per equity share of ₹10 for FY25, payable on or before September 12, 2025, subject to shareholder approval. Standalone PAT rose about 5% to ₹78.32 Cr (vs ₹74.63 Cr in FY24), while total income dipped to ₹120.57 Cr from ₹133.51 Cr; revenue from operations grew modestly to ₹95.79 Cr. The Board also allotted 3,425 shares under the ESARP 2019 plan, taking paid-up capital to ₹10.41 Cr, and appointed Mr. George Verghese as Managing Director (5-year term) and Ms. Pallavi Gokhale as an Independent Director effective July 1, 2025.
The ₹13 dividend signals steady shareholder returns and is supported by strong reserves of over ₹5,097 Cr. Investors should note a negative operating cashflow of around ₹19.5 Cr for the year despite higher PAT, and a ₹6.10 Cr one-off exceptional gain that boosted headline profit. Leadership transition with a new Managing Director and additional Independent Director brings fresh direction but adds short-term execution risk.