Poddar Pigments Limited has informed the Exchange regarding Board meeting held on May 20, 2025.
PODDARMENT · price
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Awaiting price reaction for this filing.
Poddar Pigments Limited announced its audited financial results for the quarter and year ended March 31, 2025. Total income from operations was nearly flat at Rs. 37,546.97 lakh versus Rs. 37,551.61 lakh in the previous year. Net profit after tax fell about 21% to Rs. 2,281.80 lakh from Rs. 2,881.90 lakh, hit by higher employee costs, depreciation, and finance costs. Earnings per share dropped to Rs. 21.51 from Rs. 27.16. The board recommended a final dividend of Rs. 4 per share (40%) entailing an outgo of Rs. 424.40 lakh, subject to shareholder approval. Statutory auditor K.N. Gutgutia & Co. issued a clean (unmodified) opinion. The company also appointed Shri Yug Mahesshwari as the new CFO effective June 1, 2025.
A mixed quarter for shareholders - top line stagnated and bottom line dropped roughly 21%, which could weigh on sentiment, but the clean audit report and a steady Rs. 4 dividend provide some comfort. Watch for margin recovery and how the new CFO's appointment is received.