Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited standalone and consolidated financial results for the half-year and FY ended March 31, 2025. Standalone total income rose marginally to Rs. 74,466.30 lakhs from Rs. 73,893.73 lakhs in FY24, while net profit declined to Rs. 1,202.98 lakhs from Rs. 1,300.52 lakhs. EPS slipped to Rs. 10.78 from Rs. 11.63. A final dividend of Rs. 0.50 per share (5% on face value of Rs. 10) was recommended for FY25. The company invested an additional Rs. 909.06 lakhs in Giridhan Metal Pvt Ltd, which is now classified as an associate from March 22, 2025. Singhi & Co. issued an unmodified audit opinion on both standalone and consolidated results.
Flat top-line growth (~0.8%) and a ~7.5% drop in net profit signal margin pressure, though operating cash flow improved to Rs. 483.82 lakhs from Rs. 293.08 lakhs. Small dividend and modest associate addition are mildly positive but earnings weakness may weigh on the stock.