please find enclosed outcome of the Board meeting held on 30.05.2025
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Awaiting price reaction for this filing.
Triton Valves' Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with auditors Deloitte Haskins & Sells LLP issuing an unmodified opinion. Standalone revenue grew about 11% YoY to Rs. 38,139.65 lakhs, but standalone profit after tax dipped roughly 4.7% to Rs. 659.50 lakhs, with EPS falling to Rs. 55.44 from Rs. 66.24. On a consolidated basis, revenue rose about 14% to Rs. 48,836.93 lakhs and profit after tax jumped nearly 82% to Rs. 511.90 lakhs, driven by better performance at subsidiaries. The Board recommended a final dividend of Rs. 10 per share (100% on face value), subject to shareholder approval. The filing also flags an income tax demand of Rs. 2,458.29 lakhs for AY 2022-23, which the company has challenged in the Karnataka High Court.
The 100% final dividend is a positive for shareholders, though standalone earnings slipped and both standalone and consolidated operating cash flows turned negative, signalling working capital strain. The strong consolidated profit jump and clean auditor opinion offset some concerns, but the pending tax dispute remains a watch item.