Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ( Listing Regulations ), we hereby inform you that the Board of Directors of the Company at its Meeting held today i.e. 20th May, 2025, have inter alia approved the following matters:1. Approval of Audited Financial Results for FY 2024-25:2. Recommendation of Final Dividend for FY 2024-25:3. Appointment of Secretarial Auditor for the First term of 5 Years:4. Approval of warehousing project:
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Patel Integrated Logistics Limited's board approved FY25 audited results, with total income from operations rising to Rs. 34,269 lakhs from Rs. 29,055 lakhs in FY24, an increase of roughly 18%. Net profit for FY25 jumped to Rs. 759.95 lakhs from Rs. 553.81 lakhs, a 37% rise, lifting EPS to Rs. 1.13 from Rs. 0.86. The board recommended a final dividend of Rs. 0.30 per share (3%), three times the Rs. 0.10 paid for FY24, subject to shareholder approval at the upcoming AGM. The statutory auditors issued an unmodified (clean) opinion, and DM & Associates was appointed as secretarial auditor for a first 5-year term (FY 2025-26 to 2029-30). Separately, the board approved a new warehousing project at Sanaswadi, Pune, involving land acquisition and construction of commercial warehouses and sheds.
The strong profit growth and tripling of the dividend are positives for shareholders, while the greenfield warehousing foray signals diversification beyond the core air freight co-loading business. A recently completed rights issue of Rs. 900 lakhs has already expanded the equity base, so the new project is partly funded, though near-term per-share metrics will reflect the dilution.