Board Recommend Dividend of Rs. 3.50 per equity shares subject to approval of shareholders at ensuing AGM
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The board approved audited standalone results for Q4 and FY ended March 31, 2025, and recommended a final dividend of Rs. 3.50 per equity share (35% on face value of Rs. 10), subject to shareholder approval at the upcoming AGM. Full-year PAT rose sharply to Rs. 773.95 lakh from Rs. 503.37 lakh, and EPS climbed to Rs. 23.10 from Rs. 15.02. However, most of this profit jump came from a one-time Rs. 702.74 lakh gain on sale of investments rather than core business. Net Sales actually dipped about 2% to Rs. 1,654.68 lakh vs Rs. 1,688.23 lakh, and Q4 standalone stood at a loss of Rs. 243.41 lakh. The statutory auditor M.R. Singhwi & Co. issued an unmodified (clean) opinion on the financial results.
The dividend offers a modest payout to shareholders, but the headline profit growth is largely driven by one-time investment gains, not core operations — underlying business showed weak revenue and a Q4 loss, which investors should weigh before reading too much into the bottom-line jump.