Please find enclosed the outcome of the board meeting held today i.e. May 16, 2025.
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The Board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditor Deloitte Haskins & Sells LLP issuing an unmodified opinion. For FY25, total revenue from operations rose to ₹20,841.38 lakh (vs ₹20,069.97 lakh in FY24), profit before tax grew to ₹4,734.18 lakh (vs ₹4,267.92 lakh), and profit after tax increased to ₹3,598.22 lakh (vs ₹3,123.34 lakh), translating to EPS of ₹3.95 (vs ₹3.43). The company recommended a dividend of ₹2 per share (20%) with record date July 15, 2025. Non-Executive Director B. Santhanam resigned due to superannuation, and Mr. Sreedhar Natarajan was appointed as Additional Director. Mr. Senthil Nathan Seetharama Gurukkal replaced Mr. Jeyendran Jayaseelan as CFO, and V N Deodhar & Co was appointed as Secretarial Auditor for 5 years.
Steady full-year growth in revenue (~4%) and profit (~15%) with a consistent dividend signals financial stability, though growth is moderate rather than exceptional. Leadership transitions at CFO and board level are routine succession changes and unlikely to materially affect shareholders.