Board meeting outcome dated 28.05.2025
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Uday Jewellery Industries (BSE: 539518) held a Board meeting on 28 May 2025 where it approved audited standalone financial results for Q4 FY25 and full year ended 31 March 2025. Full-year revenue from operations surged to Rs 28,720.20 lakh from Rs 17,318.14 lakh (about 66% growth), while net profit rose to Rs 1,086.64 lakh (vs Rs 871.31 lakh). Q4 revenue doubled to Rs 8,452.34 lakh and Q4 net profit jumped sharply to Rs 102.74 lakh from just Rs 6.15 lakh. Basic EPS for FY25 stood at Rs 4.89 (vs Rs 3.96). Statutory auditor M/s. Anant Rao & Mallik issued an unmodified opinion. The Board also noted an update on the proposed scheme of amalgamation with Narbada Gems & Industries Ltd, reappointed CS Arpita Dhar as Secretarial Auditor for 5 years (FY26 to FY30), and reappointed M/s. Krishna and Suresh as Internal Auditor for FY26.
Strong double-digit revenue and profit growth with a clean audit report is a positive signal for shareholders. The amalgamating with Narbada Gems could create scale benefits if approved, while the lack of any BSE penalty and cleared compliance position offers reassurance.