Solar Industries India Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 10.00 per equity share.
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Solar Industries India Limited's Board, at its meeting on May 20, 2025, recommended a Final Dividend of Rs. 10 per equity share (500% on face value of Rs. 2) for FY 2024-25, subject to shareholder approval at the 30th AGM on July 22, 2025. The record date for dividend eligibility is July 8, 2025. Consolidated revenue from operations grew strongly to Rs. 7,540.26 crore in FY25 from Rs. 6,069.52 crore in FY24, while consolidated net profit rose to Rs. 1,153.52 crore from Rs. 718.81 crore. On a standalone basis, revenue stood at Rs. 4,456.60 crore with a net profit of Rs. 803.11 crore (vs Rs. 596.30 crore last year). The company also disclosed alteration of Articles of Association to enable appointment of a Nominee Director by Debenture Trustees.
Strong top-line and bottom-line growth with a healthy dividend payout signals robust financial health and is positive for shareholders. Investors holding shares on the record date of July 8, 2025 will be eligible for the dividend, which will be paid within 30 days of AGM approval.