Outcome of Board Meeting for approval of Statement of Audited Standalone Financial Results for the Half year and Financial Year ended March 31, 2025 along with Auditor's Report with unmodified ....
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The Board of Logica Infoway Ltd approved its audited standalone financial results for the half year and full financial year ended March 31, 2025, along with an unmodified (clean) audit opinion from statutory auditors R Rampuria & Company. Revenue from operations for FY25 stood at around Rs. 59,669 lakhs, up roughly 16% from Rs. 51,468 lakhs in FY24. Profit after tax grew sharply, with basic and diluted EPS rising to Rs. 10.95 from Rs. 7.41 in the previous year — an increase of nearly 48%. The Board did not recommend any dividend, citing conservation of resources. The Board also confirmed there is no deviation or variation in the use of Rs. 16.11 crore raised via the March 2025 preferential allotment, with Rs. 13.68 crore already deployed across capital expenditure, working capital, and general corporate purposes.
Positive for shareholders — clean audit opinion, healthy revenue growth, and a strong jump in profitability signal improving business momentum. No dividend may disappoint income-focused investors, but management's stance on reinvestment is in line with the recent preferential fundraising.