Outcome of Board Meeting held on 28.05.2025
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Silicon Rental Solutions Ltd's board met on May 28, 2025 and approved the audited financial results for the half year and year ended March 31, 2025, along with a 10% dividend (Re. 1 per equity share) subject to shareholder approval at the upcoming AGM. Revenue from operations rose sharply to Rs. 10,193.89 lakhs in FY25 from Rs. 6,324.96 lakhs in FY24, a year-on-year jump of around 61%. Profit after tax for FY25 stood at Rs. 1,320.00 lakhs compared to Rs. 1,289.83 lakhs in the previous year, with basic EPS of Rs. 12.43. The statutory auditor (Vinod Kumar Jain & Co.) issued an unmodified (clean) opinion on the results, and cash and cash equivalents strengthened to Rs. 2,900 lakhs from Rs. 585 lakhs, boosted by a preferential share and warrant issuance during the year.
Strong top-line growth indicates business expansion, though bottom-line growth is modest, suggesting margin pressure. The 10% dividend is small but signals confidence, while the sizeable cash buildup from the preferential issue strengthens the balance sheet for future investments or expansion.