Submission of outcome of Board Meeting held today on May 29, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone financial results for Q4 and FY ended March 31, 2025, along with a final dividend of Rs. 0.50 (5%) per equity share of face value Rs. 10, subject to shareholder approval. Full-year revenue from operations fell marginally to Rs. 24,388.89 lakhs from Rs. 24,670.14 lakhs in FY24, while profit after tax dropped sharply to Rs. 590.27 lakhs from Rs. 1,260.98 lakhs (-53%), dragging EPS down to Rs. 6.01 from Rs. 12.84. Q4 (Jan-Mar 2025) revenue was a bright spot, rising about 25% YoY to Rs. 6,675.59 lakhs, though Q4 profit fell to Rs. 456.57 lakhs. The statutory auditor issued an Unmodified Opinion on the results. Independent Director Mrs. Nandiniy Vijaykumar (DIN: 01896892) resigned effective May 28, 2025, citing professional and personal reasons.
Sharp ~53% YoY decline in full-year profit despite stable revenue points to significant cost pressure (employee costs and finance charges rose notably) and is a negative signal for shareholders. However, the strong Q4 revenue rebound and small 5% dividend offer some comfort; expect near-term stock reaction to be cautious given the earnings miss.