Pashupati Cotspin Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of 0.50 per equity share.
PASHUPATI · price
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Pashupati Cotspin Limited's Board, at its May 20, 2025 meeting, approved audited standalone and consolidated results for FY25. Revenue from operations stood at ₹636.70 crores (standalone), slightly lower than ₹658.38 crores in FY24, but net profit jumped 55% to ₹12.88 crores from ₹8.30 crores. EPS rose to ₹8.31 from ₹5.43. The Board recommended a final dividend of ₹0.50 per share (5% on face value of ₹10), subject to shareholder approval at the upcoming AGM. The Board also appointed new Cost, Internal, and Secretarial Auditors. During H2 FY25, the company allotted 5 lakh equity shares to QIBs at ₹481 per share, raising ₹24.05 crores, which was used for working capital and general corporate purposes.
Strong profit growth despite marginal revenue dip signals improved margins, which is positive for shareholders. However, the ₹0.50 dividend is modest and at recent QIB placement price of ₹481 implies a yield of around 0.1%, offering limited income return. Auditors issued an unqualified opinion, which is a routine positive signal.