PTL Enterprises Limited has informed the Exchange about change in Management
PTL · price
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PTL Enterprises Limited's Board approved audited financial results for Q4 and FY ended March 31, 2025, with FY25 total income rising to Rs. 7,109.77 lakhs (vs Rs. 6,991.59 lakhs in FY24) and profit for the year jumping to Rs. 4,629.61 lakhs (vs Rs. 3,211.51 lakhs), pushing EPS to Rs. 2.74 from Rs. 1.78. The Board recommended a final dividend of Rs. 1.75 per share (175%) for FY25, subject to shareholder approval. The Board appointed Mr. Anil Kumar Sriwastawa, an internal candidate (Divisional Head–Finance since 2018), as Manager and KMP for 5 years, re-appointed Mrs. Sonali Sen as Independent Woman Director for a second 5-year term, and named M/s. RSMV & Co. as the new Secretarial Auditor for FY26–FY30. Statutory auditors SCV & Co. LLP issued an unmodified opinion, and the company noted it settled legacy tax disputes under the Direct Tax Vivad se Vishwas Scheme by paying Rs. 9.30 crores. The company operates a single business segment, leasing plant to Apollo Tyres Ltd.
Strong earnings growth and a healthy 175% dividend signal cash generation, likely positive for shareholders, though the new Manager appointment is an internal elevation and the management changes are largely routine. The tax settlement wraps up long-pending litigation, removing an overhang.