Pursuant to Regulations 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, we wish to inform you that Board of Directors of Company at its meeting held ....
PREMCO · price
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Premco Global's board approved Q1 FY26 (ended June 30, 2025) unaudited results. Consolidated revenue rose to Rs. 2,968.42 Lakhs from Rs. 2,721.34 Lakhs year-on-year, with profit after tax at Rs. 361.89 Lakhs (vs Rs. 298.86 Lakhs). Standalone revenue grew to Rs. 1,879.93 Lakhs and standalone PAT jumped to Rs. 167.97 Lakhs from Rs. 118.30 Lakhs. The board declared a 1st interim dividend of Rs. 4 per share (40%) for FY26, with record date August 8, 2025. A final dividend of Rs. 2 per share for FY25 is also proposed, subject to AGM approval on September 3, 2025. CEO Mr. Ramesh Chandra Panwar resigned effective July 30, 2025 due to personal reasons. The auditor (S.P. Jain & Associates) issued an unmodified limited review report.
Positive for shareholders - solid YoY earnings growth on both consolidated and standalone basis, plus an interim dividend of 40% signals healthy cash generation. However, the sudden CEO resignation and an exceptional one-time ex-gratia charge of Rs. 40.38 Lakhs related to shifting the Palghar manufacturing facility are minor watchpoints.