Kotyark Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of Rs. 1.00 per equity share.
KOTYARK · price
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Kotyark Industries Limited's Board has recommended a Final Dividend of Rs. 1.00 per equity share (10% on face value of Rs. 10) for FY 2024-25, subject to shareholder approval at the upcoming AGM. The company had earlier paid an Interim Dividend of Rs. 7.50 per share in October 2024, bringing the total dividend for the year to Rs. 8.50 per share. For the full year ended March 31, 2025, standalone revenue from operations rose modestly to Rs. 28,380.87 lakhs from Rs. 27,099.18 lakhs, but profit after tax declined sharply to Rs. 1,409.31 lakhs from Rs. 2,220.19 lakhs. The audited results were issued with an unmodified opinion by the statutory auditor. The company is primarily engaged in bio-diesel manufacturing, and consolidated results also include three subsidiaries.
Shareholders will receive a combined dividend of Rs. 8.50 per share for FY25, signalling continued returns despite a significant drop in profits. The sharp decline in earnings despite stable revenue may weigh on investor sentiment, though the maintained dividend payout could provide some support to the stock.