Sportking India Limited has informed the Exchange that Board of Directors at its meeting held on May 01, 2025, recommended Final Dividend of 1 per equity share.
SPORTKING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sportking India Limited's board, meeting on May 1, 2025, approved audited financial results for Q4 and full year ended March 31, 2025, with auditors giving an un-modified (clean) opinion. For FY25, revenue from operations grew about 6% to Rs. 2,524 crore, while profit after tax jumped roughly 55% to Rs. 109 crore (EPS of Rs. 8.57 vs Rs. 5.50 last year). The board recommended a final dividend of Rs. 1 per equity share on the Rs. 1 face value (totalling Rs. 12.71 crore payout), plus 5% on preference shares, subject to shareholder approval at the AGM. The board also appointed M/s R.R. & Co, Cost Accountants, as cost auditor for FY 2025-26.
The strong profit growth and clean audit are positive signals for shareholders, while the Rs. 1 final dividend offers modest income alongside a healthy balance sheet (other equity at Rs. 993 crore, debt significantly reduced year-on-year). Short-term stock reaction may be positive given the earnings beat, though the actual yield depends on the current market price.