Poddar Pigments Limited has informed the Exchange regarding Dividend update''.
PODDARMENT · price
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Poddar Pigments' board approved audited financial results for Q4 and FY ended March 31, 2025. Full-year revenue from operations (net) was nearly flat at Rs. 36,849.94 lakhs versus Rs. 36,900.66 lakhs last year, but net profit fell about 21% to Rs. 2,281.80 lakhs from Rs. 2,881.90 lakhs, pulling EPS down to Rs. 21.51 from Rs. 27.16. Q4 was weaker too, with net profit of Rs. 514.06 lakhs against Rs. 874.64 lakhs in the year-ago quarter. The board recommended a final dividend of Rs. 4 per share (40% on face value of Rs. 10), with a total payout of Rs. 424.40 lakhs, subject to shareholder approval at the 34th AGM. Shri Yug Mahesshwari has been appointed as the new Chief Financial Officer effective June 1, 2025. The statutory auditor K.N. Gutgutia & Co. issued an unmodified (clean) opinion on the results.
Lower profits despite steady revenue may weigh on near-term sentiment, but the unchanged dividend payout signals management's confidence in cash generation. The CFO change is a routine governance update and the clean audit report removes any near-term overhang on disclosures.