Outcome of Board Meeting held on 17-05-2025
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The Board approved standalone audited financial results for the quarter and year ended 31st March 2025. Revenue from operations rose about 8% year-on-year to Rs. 22.50 crore (FY24: Rs. 20.87 crore), while total income stood at Rs. 23.16 crore. Profit before tax grew roughly 28% to Rs. 3.14 crore (FY24: Rs. 2.46 crore), supported by better margins and lower finance costs, though higher tax incidence meant profit after tax was largely flat at around Rs. 1.80 crore. The Board has recommended a final dividend of Rs. 2 per share (20%) on the Rs. 10 face value, subject to shareholder approval at the AGM on 28th June 2025. The statutory auditor K C Mehta & Co LLP issued an unmodified opinion. New internal auditor (Jain & Hindocha) and secretarial auditor (Hemang Mehta & Associates) were appointed for FY26 onwards.
Margin expansion and steady dividend are positives for shareholders, though flat bottom-line growth despite strong PBT growth (due to higher taxes) tempers the cheer. Capital expenditure was heavy (Rs. 5.02 crore) and borrowings rose sharply, but operating cash flow remained healthy.