Outcome of Board Meeting dtd. 23.05.2025 of the Company
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Panchmahal Steel Ltd's board approved audited financial results for Q4 and the full year ended March 31, 2025. Full-year revenue from operations fell about 10% to Rs. 383.10 crore from Rs. 427.62 crore last year, but profit after tax rose roughly 12% to Rs. 3.33 crore and EPS improved to Rs. 1.74 from Rs. 1.56. The standalone Q4 (Jan-Mar 2025) result, however, swung to a loss of Rs. 2.03 crore against a profit of Rs. 2.44 crore in the year-ago quarter. The board has recommended a final dividend of Rs. 3 per equity share (30% on face value of Rs. 10) for FY25, subject to shareholder approval, and re-appointed both its cost auditors (M/s Kiran J. Mehta & Co.) and internal auditors (M/s Keyur Patel & Co.) for FY26. Operating cash flow also turned negative at Rs. (5.05) crore versus Rs. 39.70 crore in FY24, while short-term borrowings rose to about Rs. 49.66 crore.
The 30% final dividend is a positive income signal for shareholders, but the declining revenue, Q4 loss, and sharply weaker operating cash flow suggest underlying business stress that may temper investor enthusiasm.