Outcome of the Board Meeting held on May 30, 2025- Reg 1. Approved audited financials for the year ended 31.03.2025 2. Recommend final dividend for the FY 2024-25 3. Change in registered ....
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Veljan Denison Limited's board approved audited standalone and consolidated financial results for FY ended March 31, 2025. Standalone revenue from operations rose about 14% to Rs. 141.58 crore and profit after tax grew roughly 10% to Rs. 22.48 crore. Consolidated revenue grew about 13% to Rs. 155.70 crore with PAT up around 7% to Rs. 23.72 crore. The board recommended a final dividend of Rs. 8.50 per share (85%) on the Rs. 10 face value, subject to shareholder approval. Statutory auditors Brahmayya & Co. issued an unmodified (clean) opinion. Other decisions included redesignating Sri Krishna Uppaluri as Managing Director, appointing Vidya Sagar Gannamani as an Independent Director, shifting the registered office to Balanagar in Hyderabad, and appointing internal, GST, and secretarial auditors.
Decent double-digit growth in both revenue and profit, with no exceptional or one-off items, signals steady operational performance. The 85% dividend is a positive cash return for shareholders, and the clean audit opinion removes any immediate governance concerns. Mild margin compression is a small watch point but overall this is a stable, shareholder-friendly update.