The Board of Directors has recommended Final Dividend of Re.1/- for the Financial Year 2024-25, subject to approval of the Members at the ensuing 111th Annual General Meeting.
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Mafatlal Industries' board has recommended a final dividend of Re. 1 per share (50% on face value of Rs. 2) for FY 2024-25, pending shareholder approval at the 111th AGM on August 4, 2025. Record date is fixed as July 25, 2025. The company also reported audited FY25 results with consolidated revenue of Rs. 2,807 crores, up from Rs. 2,079 crores last year, while net profit was nearly flat at Rs. 98 crores versus Rs. 99 crores in FY24. Basic EPS stood at Rs. 13.66 (standalone) and Rs. 13.65 (consolidated). The board also approved in principle the incorporation of a new subsidiary and appointed Mrs. Smita Jhanwar as new CFO effective June 1, 2025, replacing retiring CFO Mr. Milan Shah.
Shareholders on record as of July 25, 2025 will be eligible for the Re. 1 dividend. The flat profit growth despite a 35% jump in revenue indicates margin pressure, but the dividend announcement signals continued returns to shareholders. CFO transition and the auditor changes are routine governance updates with no major red flags.