Seshasayee Paper and Boards Limited has informed the Exchange that Board of Directors at its meeting held on May 10, 2025, recommended Final Dividend of 2.50 per equity share.
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The Board of Directors of Seshasayee Paper and Boards Limited has recommended a Final Dividend of Rs. 2.50 per equity share (face value Rs. 2) for FY 2024-25, subject to shareholder approval at the 65th AGM on June 14, 2025. Dividend payment is expected on or after June 17, 2025, with book closure from June 5 to June 14, 2025. On the earnings front, standalone revenue fell marginally to Rs. 1,824.26 crore from Rs. 1,853.04 crore in FY24, while net profit dropped sharply to Rs. 104.56 crore from Rs. 259.37 crore — a roughly 60% decline. Basic EPS slipped to Rs. 17.36 from Rs. 43.06 a year earlier. The company also reported an unmodified auditor opinion from Suri & Co.
Despite the weak FY25 earnings, the dividend signals continued shareholder returns, though at Rs. 2.50/share it appears lower than the prior year's per-share payout, which based on cash flow data (Rs. 31.53 crore total) was around Rs. 5.20/share. The sharp profit decline will likely weigh more on the stock than the modest dividend support.