Financial Results of Board Meeting held on 15th may 2025
PREMCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Premco Global's board approved audited results for Q4 FY25 and full year ended March 31, 2025. Consolidated Q4 revenue rose modestly to Rs. 2,834.07 lakhs vs Rs. 2,739.93 lakhs YoY, with total comprehensive income of Rs. 282.64 lakhs (vs Rs. 290.07 lakhs). On a standalone basis, Q4 revenue declined to Rs. 1,529.13 lakhs from Rs. 1,655.78 lakhs, and the company posted a negative total comprehensive income of Rs. (23.19) lakhs compared to a positive Rs. 103.45 lakhs last year. Standalone FY25 results include Rs. 1,288.31 lakhs in dividend income from its Vietnam subsidiary. The board recommended a final dividend of Rs. 2 per share (20%), taking total FY25 dividends to Rs. 45 per share; promoters have waived their right to receive this dividend.
Q4 standalone results turned negative, weighing on profitability for the quarter, though the full-year picture is cushioned by a large dividend from the subsidiary. The promoter's dividend waiver signals confidence in reinvesting cash back into the business, which may be viewed positively by minority shareholders.