Texmaco Infrastructure & Holdings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
TEXINFRA · 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 the audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025, with an unmodified (clean) audit opinion from L.B. Jha & Co. Standalone net profit turned around to Rs 1,256.42 lakhs (FY25) from a loss of Rs 107.28 lakhs (FY24), largely driven by Rs 1,252.91 lakhs in share of profits from associates. However, on a consolidated basis, the company slipped into a net loss of Rs 695.40 lakhs compared to a profit of Rs 540.12 lakhs last year. Total income on a consolidated basis was Rs 1,653.89 lakhs versus Rs 1,674.08 lakhs, a marginal decline. The Board recommended a modest 15% dividend (Re 0.15 per share on Re 1 face value), subject to shareholder approval. Additionally, Mr. Arvind Kumar Chaubey was appointed as Manager for 3 years, and S.R. & Associates was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30).
The mixed results are likely to be viewed cautiously - standalone improvement is mostly from associate income, while the consolidated entity reported a net loss. The small dividend indicates conservative cash distribution, and shareholders may want to watch for clarity on subsidiary-level performance in the coming quarters.