Navneet Education Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 1.50 per equity share.
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Navneet Education's board, on May 19, 2025, approved standalone and consolidated audited financial results for FY25 (year ended March 31, 2025) along with Q4 FY25 results, with auditor N.A. Shah Associates LLP issuing an unqualified (un-modified) opinion. Standalone revenue from operations rose modestly to Rs 1,73,348 lakhs from Rs 1,69,310 lakhs in FY24, while profit after tax jumped sharply to Rs 80,073 lakhs (vs Rs 18,853 lakhs), largely driven by an exceptional gain of Rs 60,400 lakhs from the partial divestment of associate K12 Techno Services. Consolidated revenue was Rs 1,78,572 lakhs with PAT of Rs 80,378 lakhs. The board has recommended a final dividend of Rs 1.50 per share (75% on face value of Rs 2), subject to shareholder approval at the upcoming AGM. Operating cash flow was healthy at Rs 28,228 lakhs and the company also completed a Rs 10,000 lakh buyback during the year.
Shareholders will receive a Rs 1.50 dividend per share if approved at the AGM, to be paid within 30 days. The headline profit surge is largely a one-time exceptional gain from the K12 stake sale, so underlying operating performance shows only single-digit revenue growth, which investors should factor in when assessing the stock's earnings power going forward.