BSERishiroop LtdHighPositive
Announced Thu, 15 May · 17:14 IST

Board recommended final dividend @ 15 % (i.e. Rs. 1.50 per equity share of Rs. 10/- each) for the approval of shareholders in ensuing AGM

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rishiroop Ltd's board has recommended a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10) for FY ending March 31, 2025, subject to shareholder approval at the upcoming AGM. The board also approved audited financial results showing FY25 total income of Rs. 9,439.72 lakhs and net profit of Rs. 2,115.88 lakhs, with EPS of Rs. 23.08. However, Q4 FY25 alone posted a net loss of Rs. 238.73 lakhs despite full-year profitability. Statutory auditors issued an unmodified opinion. Additionally, Mrs. Falguni H. Shah was appointed as a Non-Executive Independent Director for 5 years, Mr. Atul R. Shah's continuation as Non-Executive Director was approved, and new secretarial and internal auditors were appointed.

Likely market impact

The Rs. 1.50 dividend signals steady shareholder returns, though the Q4 loss may raise concerns about sequential performance. Overall profitability remains intact for the full year, which is supportive for the stock, but investors should note the weak Q4 trend.