Dear Sir/ Madam, This is to inform you that the Board of Directors of the Company in its meeting held today, 23rd May 2025 which commenced at 02:00 P.M. and concluded at 05:05 P.M., ....
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SAL Automotive's Board approved audited results for Q4 and FY25. Income from operations rose to Rs. 37,776 lakhs (vs Rs. 30,752 lakhs in FY24), a growth of about 23%. Net profit jumped sharply to Rs. 539 lakhs (vs Rs. 93 lakhs in FY24), nearly a 5x increase. FY25 EPS stood at Rs. 21.99 (vs Rs. 5.84 in FY24). The Agriculture Implements segment drove much of this growth, with revenue rising to Rs. 22,606 lakhs from Rs. 16,102 lakhs. The Board has recommended a 25% equity dividend (Rs. 2.50 per share) for FY25. The company had also issued bonus shares in a 1:1 ratio on 4 April 2025. Statutory auditor Mangla Associates issued an unmodified (clean) audit opinion.
Strong topline growth, sharp jump in profits, a healthy dividend, and a clean audit opinion are positive signals for shareholders. The stock may see a positive short-term reaction, though total borrowings have risen notably (current loans up to Rs. 2,436 lakhs from Rs. 1,685 lakhs), which investors should watch.