Outcome of board meeting held on May 15, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rishiroop Ltd's Board approved audited financial results for Q4 and the financial year ended March 31, 2025. The statutory auditor, Jayesh Dadia & Associates LLP, issued an audit report with an unmodified (clean) opinion on the results. Profit after tax (PAT) more than doubled year-on-year, with basic EPS rising sharply from Rs. 11.64 in FY24 to Rs. 26.36 in FY25. Total revenue from operations stood at Rs. 74.37 crore versus Rs. 76.67 crore in FY24, a mild dip. The Board also recommended a dividend of Rs. 1.50 per equity share (15%) for FY25, subject to shareholder approval at the upcoming AGM.
The clean audit opinion and strong PAT growth are positive signals for shareholders, while the slight revenue decline is a watch-item. The Rs. 1.50 per share dividend offers a tangible return, and the new independent director strengthens board composition.