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' board approved audited standalone results for FY25 on May 20, 2025, with auditor issuing an unmodified opinion. Total income from operations rose to Rs. 34,269.08 lakhs in FY25 from Rs. 29,054.87 lakhs in FY24, a growth of about 18%. Net profit jumped to Rs. 759.95 lakhs from Rs. 553.81 lakhs, a ~37% increase, while EPS rose to Rs. 1.13 from Rs. 0.86. Finance costs fell sharply to Rs. 117.52 lakhs from Rs. 259.02 lakhs, supporting margin improvement. The board recommended a final dividend of Rs. 0.30 per share (3%), tripling the prior year's Rs. 0.10. M/s DM & Associates was appointed as Secretarial Auditor for a 5-year term (FY26–FY30), and the board approved a new warehousing project at Sanaswadi, Pune, involving land acquisition and construction of commercial warehouses.
Strong earnings growth and a tripled dividend signal improved profitability and shareholder rewards, likely to be viewed positively. The new warehousing project in Pune indicates capacity expansion, but near-term cash flows from operations dropped sharply to Rs. 87.73 lakhs from Rs. 1,221.04 lakhs due to working capital changes, which investors should monitor.