Announced Mon, 26 May · 21:00 IST

No Dividend for Half Year and Year Ended 31.03.2025

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Swasth Foodtech India Ltd has decided not to declare any dividend for the financial year ended 31st March 2025, same as the previous year. The company reported strong financial performance with total turnover rising to Rs. 16,863.88 lakhs from Rs. 13,324.98 lakhs in FY24, a growth of about 27%. Profit Before Tax increased to Rs. 291.53 lakhs from Rs. 216.59 lakhs, and Profit After Tax grew to Rs. 240.97 lakhs from Rs. 193.34 lakhs, up roughly 25%. Despite higher profits, the entire earnings are being retained in the business with Rs. 198.77 lakhs carried forward from the previous year.

Likely market impact

Income-seeking shareholders will receive no dividend payout for the second consecutive year despite improved profitability, which may weigh slightly on the stock for dividend-focused investors. However, the company is reinvesting profits to fund growth, and the strong turnover and profit growth are positive signals for long-term value creation.