Outcome of Board Meeting held on 27.05.2025
Price
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Zenith Fibres' board approved audited financial results for Q4 and FY ended March 31, 2025, reporting strong growth with revenue from operations rising to Rs. 5,219.70 lakh from Rs. 3,428.11 lakh last year, and profit before tax increasing to Rs. 239.71 lakh from Rs. 173.43 lakh. Net profit for FY25 came in at Rs. 180.13 lakh with EPS of Rs. 4.57 versus Rs. 3.34 in FY24. The board recommended a dividend of Rs. 1 per share (10%) on 39.44 lakh equity shares, subject to shareholder approval. M/s. Yagnesh Desai & Co. was appointed as Internal Auditor for FY25-26, and the board approved a 315 KW rooftop solar project at its Vadodara plant costing up to Rs. 1.25 crore, to be funded internally.
Positive for shareholders: robust top-line growth of ~52% and profit growth of ~37% along with a steady 10% dividend signal operational strength. However, the Manmade Fibre segment posted a loss of Rs. 198.48 lakh and the Wind Turbine has been under maintenance since September 2024, which slightly tempers the outlook.