We wish to inform that at the meeting of the Board of Directors held today (07.05.2025) the Directors have amongst other subjects, approved the following: A. Audited financial results ....
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The Board of Directors approved the audited financial results for the year ended 31 March 2025. Revenue from operations fell about 3.4% to Rs 30,948.82 lakhs (from Rs 32,035.59 lakhs a year ago), but profit before tax rose around 19.5% to Rs 7,958.90 lakhs. However, profit after tax declined about 10.7% to Rs 6,218.78 lakhs (from Rs 6,961.23 lakhs) due to a higher deferred tax charge and an exceptional item of Rs 397.73 lakhs; EPS stood at Rs 5.10 vs Rs 5.70. The company turned net-worth positive, with other equity moving from a negative Rs 4,269.97 lakhs to positive Rs 1,933.26 lakhs. Statutory auditor M S K A & Associates issued an unmodified (clean) opinion. The Board also accepted the resignation of CFO S. Nandakumar and appointed Prem Babu as the new CFO effective 12 May 2025.
Clean audit opinion and improved balance sheet are positive signals, but the fall in PAT, revenue decline, and negative operating cash flow may weigh on sentiment. The CFO change is a routine KMP transition and not material for shareholders.