Pashupati Cotspin Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Pashupati Cotspin Limited reported its audited standalone and consolidated financial results for the half-year and full year ended March 31, 2025, with an unmodified audit opinion from M/s. Mahendra N. Shah & Co. Standalone revenue from operations fell about 3.3% year-on-year to Rs. 63,670 lakhs (vs Rs. 65,838 lakhs in FY24), but net profit after tax jumped roughly 55% to Rs. 1,288 lakhs (vs Rs. 830 lakhs), lifting basic EPS to Rs. 8.31 from Rs. 5.43. The profitability boost came from lower finance costs (Rs. 1,316 lakhs vs Rs. 1,702 lakhs) and reduced depreciation, reflecting significant deleveraging. The Board has recommended a final dividend of Rs. 0.50 per share (5%) subject to shareholder approval. The company also raised Rs. 24.05 crores during H2 via a QIB placement of 5 lakh shares at Rs. 481 per share, using proceeds for working capital and general corporate purposes.
Mixed signal for shareholders: top-line declined modestly, but bottom-line grew sharply thanks to lower interest costs and improved margins, with the balance sheet also strengthening (short-term borrowings down ~30% to Rs. 7,384 lakhs and long-term borrowings down ~44% to Rs. 2,556 lakhs). The modest 5% dividend and the clean audit opinion are reassuring, while the QIB fundraise at a steep premium signals investor confidence but also dilutes equity slightly.