Solex Energy Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of 0.55 per equity share.
SOLEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Solex Energy's Board, at its May 12, 2025 meeting, recommended a final dividend of Rs. 0.55 per equity share (face value Rs. 10), i.e., 5.50% on face value, subject to shareholder approval at the AGM. The company also announced audited standalone and consolidated financial results for FY25, showing strong growth: standalone revenue from operations jumped to Rs. 66,004.71 lakhs from Rs. 36,592.11 lakhs in FY24, while profit after tax rose sharply to Rs. 3,960.17 lakhs from Rs. 873.48 lakhs, with EPS of Rs. 41.29 versus Rs. 10.92. Consolidated revenue stood at Rs. 66,222.31 lakhs with PAT of Rs. 4,279.39 lakhs and EPS of Rs. 43.82. The Board also approved re-appointments of Internal, Cost, and Secretarial auditors, and re-appointed Mr. Kalpeshkumar Patel as Whole-Time Director for three years.
Strong FY25 earnings growth (PAT up ~350% YoY on standalone basis) signals robust business expansion for this solar PV and EPC company. The Rs. 0.55 per share dividend, though modest in absolute terms, reflects shareholder returns alongside the growth story; the stock may see positive sentiment from the earnings beat and capacity expansion evident in the rising fixed assets.