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Awaiting price reaction for this filing.
Nicco Parks & Resorts has submitted copies of newspaper advertisements published in Business Standard (English) and Ekdin (Bengali) on May 29, 2025, covering its audited financial results for Q4 and full year ended March 31, 2025, which were approved by the Board on May 27, 2025. For FY25, standalone total income stood at Rs. 7,501.67 lakhs with net profit (after tax) of Rs. 1,874.93 lakhs and EPS of Rs. 4.01; consolidated net profit for FY25 was Rs. 2,243.58 lakhs with EPS of Rs. 4.79. The Board has approved a fourth interim dividend of 40% (40 paise per share on Re.1 face value), in addition to earlier interim dividends of 35%, 20%, and 25% declared during FY25, taking total dividends for the year to 120%. The filing also flags that the company's land lease with the West Bengal government expired on February 28, 2023, and its renewal application (filed October 11, 2022) is still pending, though management expects renewal and continues to prepare accounts on a going-concern basis.
The cumulative 120% dividend payout for FY25 is a strong cash return for shareholders, and the significant jump in full-year net profit reflects healthy operations. However, the unresolved lease renewal remains a key risk overhang that retail investors should watch closely.