Madhya Bharat Agro Products Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.
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The Board of Madhya Bharat Agro Products Limited (MBAPL) approved the audited financial results for Q4 and full year ended March 31, 2025, along with a final dividend of 5% (Rs. 0.50 per share on face value of Rs. 10) subject to shareholder approval. The statutory auditors issued an unmodified (clean) opinion on the results. Profit before tax jumped sharply to Rs. 9,462.15 lakhs in FY25 from Rs. 5,226.82 lakhs in FY24, an increase of about 81%. The company also appointed M/s K.C. Moondra & Associates as Cost Auditor, M/s Sourabh Bapna & Associates as Secretarial Auditor (5-year term FY26-FY30), and Mr. Akshat Jain as Internal Auditor for FY26. CRISIL reaffirmed its long-term credit rating of 'A/Stable'.
Strong profit growth and a clean audit opinion are positive for shareholders, while the declared final dividend offers modest income. The results should be viewed favourably, though investors should also note the company's significant capital expenditure (capital work-in-progress rose sharply) and rising long-term borrowings, which may increase leverage going forward.