Outcome of the Board Meeting held on May 17, 2025
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Krishanveer Forge's Board approved audited financial results for Q4 and FY ended March 31, 2025. Revenue from operations came in at Rs. 8,279.65 lakhs vs Rs. 8,361.81 lakhs in FY24, a marginal decline of about 1%. However, profit after tax jumped to Rs. 563.71 lakhs from Rs. 398.98 lakhs, a healthy growth of around 41%, with EPS rising to Rs. 5.15 from Rs. 3.65. The Board has recommended a final dividend of 25% (Rs. 2.50 per share on face value of Rs. 10), subject to shareholder approval. The statutory auditors M/s Gokhale, Tanksale & Ghatpande issued an unqualified (clean) opinion on the results. The Board also appointed M/s Satish & Satish as Secretarial Auditor for five years and revised the Insider Trading Policy to align with recent SEBI amendments.
Despite a slight dip in topline, sharply higher profitability and a reasonable dividend payout signal strong operational leverage and improving margins, which is positive for shareholders. The clean audit opinion and nil qualified borrowings reflect a financially stable company, though revenue stagnation is a watchpoint.