Recommendation of Final Dividend for FY 2025-26
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The Board of Directors of PDP Shipping & Projects Ltd approved the audited financial results for FY 2025-26 and recommended a final dividend of Rs 1 per equity share (face value Rs 10 each) for the financial year 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with revenue from operations growing to Rs 2,785.04 Lakhs from Rs 1,215.00 Lakhs in the previous year, representing a 129% increase. Profit after tax improved to Rs 187.46 Lakhs from Rs 91.49 Lakhs, a growth of about 105%. The statutory auditors, Bilimoria Mehta & Co., issued an unmodified (clean) opinion on the financial statements. The Board also reappointed M/s Abhishek M Agrawal & Co. as Internal Auditors for FY 2026-27.
The company delivered exceptional revenue and profit growth in FY 2025-26. The recommended dividend at 10% of face value indicates positive cash flow generation. Clean audit opinion with no going concern issues is reassuring for investors. The strong financial performance and dividend recommendation are positive signals for shareholders.