Kirloskar Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 13 per equity share.
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The Board of Directors of Kirloskar Industries Limited, at its meeting held on May 20, 2025, recommended a Final Dividend of Rs. 13 (130%) per equity share of Rs. 10 each for FY2024-25, subject to shareholder approval at the upcoming AGM. The dividend will be paid on or before September 12, 2025. The company also announced audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the auditors (Kirtane & Pandit LLP) issuing an unmodified opinion. Standalone profit after tax for FY25 stood at Rs. 78.32 crore versus Rs. 74.63 crore in FY24. Additionally, 3,425 equity shares were allotted under the ESAR Plan 2019, and Mr. George Verghese was appointed as Managing Director for 5 years while Ms. Pallavi Gokhale was appointed as Non-Executive Independent Director effective July 1, 2025.
The Rs. 13 per share dividend is a healthy payout, which should appeal to income-focused investors. The appointment of a new Managing Director and the strong earnings (FY25 PAT up ~5% YoY) signal operational continuity and stability for shareholders.