Intimation of Dividend for FY 2024-25, subject to the approval of Members at the ensuing 89th AGM to be held on 29-08-2025.
RAJPALAYAM · price
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The Board has recommended a dividend of Rs. 0.50 per equity share (face value Rs. 10) for FY 2024-25, subject to shareholder approval at the 89th AGM on 29-08-2025. Standalone financials show the company swung to a net loss of Rs. 5,020 lakhs in FY25 from a profit of Rs. 2,830 lakhs in FY24, with total income rising modestly to Rs. 92,406 lakhs from Rs. 87,580 lakhs. Consolidated net profit stood at Rs. 1,705 lakhs (down from Rs. 4,436 lakhs), supported by share of profits from associates including The Ramco Cements, Ramco Industries, and Ramco Systems. The Board also approved raising the borrowing limit from Rs. 750 crores to Rs. 850 crores and continued the Managing Director's minimum remuneration of Rs. 240 lakhs through 31-05-2027.
The Rs. 0.50 dividend is modest (5% of face value) and signals caution given the standalone loss this year. Core textile operations are under pressure, and consolidated profitability is largely dependent on associate companies rather than the parent's own business, which investors should weigh carefully.