Vedant Fashions Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2025, recommended Final Dividend of 8 per equity share.
MANYAVAR · price
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On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 4.4 pts less than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vedant Fashions (Manyavar) reported FY25 audited results alongside a final dividend of Rs. 8 per equity share (face value Rs. 1), subject to shareholder approval at the upcoming AGM. FY25 revenue from operations stood at Rs. 1,386.48 crore versus Rs. 1,367.53 crore in FY24 (restated), a growth of about 1.4%. Profit after tax for FY25 came in at roughly Rs. 388.27 crore, compared with a restated FY24 PAT of Rs. 410.72 crore. Statutory auditors B S R & Co. LLP issued an unmodified (clean) opinion on the results. The Board meeting was held on May 6, 2025.
The final dividend of Rs. 8/share is a steady payout for shareholders, while the modest revenue growth and slight dip in profit suggest stable but slowing operations. Investors should note that FY24 numbers were restated to reflect the merger of wholly-owned subsidiary Manyavar Creations Private Limited, which makes year-on-year comparisons less straightforward.