We wish to inform you that the Board of Directors at their meeting held on 7th May, 2025, has approved and recommended a final dividend of Rs.5 per equity share of Rs.5 each for the financial ....
Awaiting price reaction for this filing.
At a board meeting on 7th May 2025, Craftsman Automation approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, along with a recommended final dividend of Rs. 5 per equity share (100% on Rs. 5 face value), subject to shareholder approval at the 39th AGM. Consolidated revenue from operations grew strongly to Rs. 5,69,048 lakhs in FY25 from Rs. 4,45,173 lakhs in FY24, a jump of roughly 28%. However, consolidated profit after tax fell sharply to Rs. 10,087 lakhs from Rs. 33,733 lakhs (around 70% decline), hit by higher finance costs, depreciation, exceptional items, and integration expenses from recent acquisitions. Standalone numbers were similarly weaker, with FY25 profit at Rs. 9,369 lakhs versus Rs. 19,759 lakhs last year. The board also approved setting up a CSR Trust for the Craftsman Group.
The maintained 100% dividend is a positive signal for income-focused shareholders, but the steep drop in profits on higher debt and acquisition costs may weigh on near-term stock sentiment. Investors should watch margin trends and integration progress at the newly acquired Sunbeam Lightweighting and German subsidiaries.