The Board in its Meeting held on 15th May, 2025 has recommended Final Dividend of Rs. 2 per Equity Share subject to approval of Members.
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, which met on 15 May 2025, approved audited standalone and consolidated financial results for the quarter and year ended 31 March 2025 with an unqualified audit opinion. Consolidated revenue for FY25 stood at around Rs. 10,587.51 lakhs while net profit was Rs. 881.76 lakhs (down from Rs. 1,050.22 lakhs last year). The board recommended a final dividend of Rs. 2 per share on Rs. 10 face value, taking the total FY25 dividend to Rs. 45 per share including three interim dividends already paid. Promoters have waived their right to receive the dividend. The board also appointed a new Company Secretary, re-appointed the Internal Auditor, and re-appointed the Secretarial Auditor for a five-year term (FY26-FY30).
Shareholders (excluding promoters) will receive the Rs. 2 final dividend subject to AGM approval, supplementing the Rs. 43 interim dividend already paid for FY25. The lower consolidated net profit year-on-year and a negative standalone comprehensive income in Q4 FY25 are points to note, though the total dividend payout remains generous relative to face value.