Welspun Living Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 1.70 per equity share.
WELSPUNLIV · price
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Welspun Living Limited's Board, at its May 29, 2025 meeting, recommended a final dividend of Rs. 1.70 per equity share (170% on face value of Re. 1) for FY25, payable to shareholders on record as of June 27, 2025, subject to AGM approval. The Board also approved audited consolidated FY25 results: total income grew 8.9% YoY to Rs. 10,697 crore, crossing the Rs. 10,000 crore mark, while EBITDA fell 4.2% to Rs. 1,451 crore with margins compressing 186 bps to 13.6%. PAT after minorities declined 6.2% to Rs. 639 crore (EPS Rs. 6.70 vs Rs. 7.06). Additionally, the Board approved acquisition of 84.28% stake in Drape Story Interiors Private Limited for Rs. 14.57 crore in cash, expanding its home textile (drapes, curtains, upholstery) offerings under the Spaces brand, targeted to close by September 30, 2025. Re-appointments of Secretarial Auditor JMJA & Associates LLP (5 years) and Cost Auditor Kiran J. Mehta & Co. (FY26) were also approved.
Shareholders benefit from a steady final dividend, though the FY25 results show margin pressure and declining profits despite revenue crossing a milestone. The Drape Story acquisition is small (Rs. 14.57 crore) and unlikely to move the needle materially, but it signals continued focus on growing the Spaces home brand. Net debt rose to Rs. 1,603 crore, which combined with margin compression, may temper near-term sentiment.