Press Release titled "Prevest Denpro Limited Reports strong Q1 FY 2025-26 Performances; Announces Final Dividend and Main Board Migration Proposal".
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Prevest Denpro, a dental materials manufacturer, posted strong Q1 FY2025-26 results with standalone revenue rising to Rs 1,572.27 lakh from Rs 1,334.24 lakh year-on-year (~18% growth). Net profit jumped to Rs 463.42 lakh from Rs 365.14 lakh (~27% growth), with EPS at Rs 3.86. Growth was driven by a better product mix leaning toward premium products and disciplined cost management. The Board also recommended a final dividend of Rs 1.00 per share (10% on face value of Rs 10) for FY2024-25, subject to shareholder approval, and approved a proposal to migrate from the BSE SME Platform to the Main Board.
The combination of strong profit growth, a dividend payout, and a likely upgrade to the Main Board is positive for shareholders. Main Board migration typically brings greater visibility, more institutional participation, and improved liquidity, while the dividend offers a direct return to investors.