Outcome of the Board of Directors of the Company at its meeting held today (commenced at 04.00 p.m. and concluded at 06.15 p.m.), inter alia, approved Financial Statements (Stanalone and ....
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The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, along with an unmodified (clean) auditor's report. Standalone total income rose modestly to Rs. 10,541.96 lakhs from Rs. 9,637.66 lakhs, but standalone profit after tax declined to Rs. 658.64 lakhs from Rs. 771.74 lakhs, with EPS at Rs. 8.25 vs Rs. 9.67. Consolidated PAT was Rs. 727.97 lakhs (Rs. 9.12 EPS). The Board recommended a dividend of Re. 1 per share, same as last year. Other items include notice of the 36th AGM on August 26, 2025, reappointment of ALP & Associates as Internal Auditor for FY26, appointment of Labh & Labh Associates as Secretarial Auditor for five years, and continuation of director Mr. Vijay Maheshwari beyond age 75 pending shareholder approval.
Profitability dipped despite stable revenue growth, mainly because core operating margins narrowed and the prior year benefited from a large one-time gain on sale of property. The unchanged Re. 1 dividend signals steady shareholder returns but the EPS decline may be a slight negative for the stock in the near term.