BSEThirani Projects LtdMediumNeutral
Announced Fri, 30 May · 20:46 IST

The Company has not declared dividend for the FY 2024-25

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.

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Awaiting price reaction for this filing.

AI summary

The board of Thirani Projects Ltd, in its meeting on 30 May 2025, approved the audited financial results for Q4 and FY ending 31 March 2025, with the statutory auditor issuing an unmodified opinion. The company has decided NOT to declare any dividend for FY 2024-25, even though it returned to profit this year. Total revenue from operations for FY25 stood at Rs 85.24 lakh (vs Rs 82.86 lakh last year), and the company reported a net profit of Rs 74.72 lakh compared to a hefty loss of Rs 637.76 lakh in FY24 (which had included a one-time Rs 545.92 lakh loss on sale of securities and Rs 128.80 lakh provision for doubtful debts). EPS for FY25 came in at Rs 0.37 (vs Rs -3.16). The board also appointed Ms Dipika Naresh Dayma as Internal Auditor for FY26 and M/s Kirti Sharma & Associates as Secretarial Auditor for five years (FY26–FY30), subject to shareholder approval.

Likely market impact

Shareholders hoping for income from this stock will get nothing — no dividend despite a return to profitability. The small profit and negative other equity (Rs -774.86 lakh) suggest limited room for payouts, so income investors should look elsewhere. The stock is unlikely to see any dividend-driven excitement, though the swing from a large loss back to a small profit is a mild positive on operational recovery.