This is to inform you that the Board of Directors of the Company has at its meeting held today i.e. May 2, 2025, based on recommendation of the Nomination and Remuneration Committee, approved ....
Awaiting price reaction for this filing.
Marico's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditors B S R & Co. LLP issuing an unmodified (clean) opinion. Consolidated revenue from operations grew to Rs. 10,831 crore in FY25 from Rs. 9,653 crore in FY24 (about 12% growth), while net profit rose to Rs. 1,658 crore from Rs. 1,502 crore (about 10% growth), taking EPS to Rs. 12.59. The Board recommended a final dividend of Rs. 7 per share, taking total FY25 dividend to Rs. 10.50 per share (including the Rs. 3.50 interim dividend), with record date August 1, 2025 and payment by September 7, 2025. It also approved continuation of Harsh Mariwala as Non-Executive Director, appointed Dr. K. R. Chandratre as Secretarial Auditor for five years, and amended the ESOP Plan 2016 to allow cashless exercise of options via the WEOMA Trust. The 37th AGM is scheduled for August 8, 2025 via video conferencing.
Positive for shareholders – clean audit opinion, steady revenue and profit growth, and a healthy total dividend of Rs. 10.50 per share reinforce confidence in earnings stability, though top-line growth of ~12% and PAT growth of ~10% show moderate, not exceptional, expansion.