Submission of outcome of Board Meeting
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Awaiting price reaction for this filing.
Radix Industries (India) Ltd announced audited financial results for FY25 along with a 5% dividend (Rs. 0.50 per share on Rs. 10 face value). Full-year revenue from operations grew to Rs. 4,825.26 lakhs from Rs. 3,300.49 lakhs, a jump of about 46% year-on-year. Net profit for the year rose to Rs. 262.73 lakhs from Rs. 223.48 lakhs, while Q4 revenue fell to Rs. 1,228.30 lakhs vs Rs. 1,565.92 lakhs a year ago. The company carries no borrowings, with cash and equivalents rising sharply to Rs. 594.74 lakhs from Rs. 12.97 lakhs. The statutory auditors (Brahmayya & Co.) issued an unmodified (clean) opinion on the results. The business is entirely in human hair processing.
Strong full-year revenue growth and a debt-free balance sheet with surging cash are positives, but profit margins compressed and Q4 performance weakened sharply, which may temper investor enthusiasm despite the dividend announcement.