Manaksia Aluminium Company Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of 0.07 per equity share.
MANAKALUCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manaksia Aluminium's Board, at its May 20, 2025 meeting, approved audited standalone financial results for Q4 and FY ending March 31, 2025 with an unmodified auditor's opinion. Revenue from operations grew to Rs 50,914.75 lakhs in FY25 from Rs 43,249.30 lakhs in FY24, while net profit after tax rose to Rs 604.58 lakhs from Rs 508.57 lakhs, with basic EPS at Rs 0.92. The Board recommended a final dividend of Re 0.07 per equity share (7% on face value of Re 1), subject to shareholder approval at the upcoming AGM. The company also re-appointed its Internal Auditor and Cost Auditor for FY 2025-26 and disclosed a contested GST demand of Rs 12.48 crore plus penalty, for which no provision has been made.
The 7% final dividend is modest and is unlikely to materially support the stock price, though the strong ~18% growth in both revenue and net profit is a positive signal for shareholders. The pending GST demand of over Rs 13 crore remains a key risk to monitor, though the company expects a favourable outcome.