Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 30.05.2025
In continuation to the intimation dated 23.05.2025 we wish to inform you that Board of Directors in its meeting held today i.e. the 30th day of May 2025 the board meeting commenced at 02.00 P.M. and concluded at 03.00 P.M. inter alia considered and approved the following: The Standalone Audited Financial Results for the Quarter and Year Ended 31.03.2025. The Consolidated Audited Financial Results for the Quarter and Year Ended 31.03.2025. The Auditors Report on Standalone and Consolidated Audited Financial Results by the Statutory Auditor of the Company. Statement of Unmodified Opinion for Standalone and Consolidated Audited Financial Results. The board has decided not to declare any dividend. Appointment of M/s Rajeev Bhambri and Associates Company Secretaries as Secretarial Auditor
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
2 days ago
- Business Standard
Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 30.05.2025
In continuation to the intimation dated 23.05.2025 we wish to inform you that Board of Directors in its meeting held today i.e. the 30th day of May 2025 the board meeting commenced at 02.00 P.M. and concluded at 03.00 P.M. inter alia considered and approved the following: The Standalone Audited Financial Results for the Quarter and Year Ended 31.03.2025. The Consolidated Audited Financial Results for the Quarter and Year Ended 31.03.2025. The Auditors Report on Standalone and Consolidated Audited Financial Results by the Statutory Auditor of the Company. Statement of Unmodified Opinion for Standalone and Consolidated Audited Financial Results. The board has decided not to declare any dividend. Appointment of M/s Rajeev Bhambri and Associates Company Secretaries as Secretarial Auditor
&w=3840&q=100)

Business Standard
2 days ago
- Business Standard
Gujarat Pipavav Port zooms 12% on healthy Q4 results; PAT rises 70% YoY
Gujarat Pipavav Port share price jumped 11.5 per cent in trade on Friday, May 30, 2025, logging an intraday high at ₹165 per share on BSE. The stock was in demand after the company posted its Q4 results. At 11:05 AM, Gujarat Pipavav Port share price was up 11.1 per cent at ₹164.4 per share on the BSE. In comparison, the BSE Sensex was down 0.33 per cent at 81,364.59. The market capitalisation of the company stood at ₹7,942.92 crore. The 52-week high of the stock was at ₹250.5 per share and the 52-week low of the stock was at ₹121.3 per share. In the past one year, Gujarat Pipavav Port shares have lost 24 per cent as compared to Sensex's rise of 10 per cent. Gujarat Pipavav Port Q4 results 2025 The port services company posted its Q4 results, after market hours, on Thursday. In the fourth quarter, the company reported a net profit of ₹112.4 crore as compared to a profit of ₹65.8 crore a year ago, up 70 per cent. The company's revenue from operations rose marginally to ₹251.8 crore in Q4FY25, it had reported ₹251.3 crore revenue in the corresponding quarter of FY24. The company will convene its 33rd Annual General Meeting (AGM) on Thursday, September 4, 2025. To determine the shareholders eligible for receiving the final dividend of ₹4.20 per share (as recommended by the Board of Directors and subject to approval at the AGM), the Register of Members and Share Transfer Books will remain closed from Friday, August 29, 2025 to Thursday, September 4, 2025, both days inclusive. About Gujarat Pipavav Port Gujarat Pipavav Port is India's first private sector port located on the south west coast of Gujarat near Bhavnagar. The port is strategically placed on International Maritime Trade route which connects India with US, Europe, Africa, Middle East on one side and Far East on the other side. Gujarat Pipavav, apart from being engaged in port development activities, also operates Pipavav port in the Saurashtra region of Gujarat. The company is operating the port on a 30-year concession, based on an agreement dated September 30, 1998, with the Gujarat Maritime Board (GMB) and the Gujarat government. The port handles containers, dry bulk, liquid, and RORO vessels.
&w=3840&q=100)

Business Standard
3 days ago
- Business Standard
Bajaj Auto Q4 results: Net profit falls 10% to ₹1,801 cr, declares dividend
Bajaj Auto consolidated profit after tax declined 10 per cent year on year (YoY) to ₹1,801.85 crore in the fourth quarter of financial year 2024-25, against ₹2,011.43 crore in Q4FY24. However, the two-wheeler manufacturer's revenue from operations increased by 8.5 per cent YoY to ₹12,204.49 crore in Q4FY25, up from ₹11,249.80 crore in the corresponding quarter last fiscal. The company's commercial vehicles and electric 3-wheelers continued to drive double-digit revenue growth. The Board of Directors also approved and recommended a dividend of ₹210 per share, representing 2,100 per cent of the face value of ₹10 per share, for the financial year ending March 31, 2025. For the quarter under review, EBITDA stood at ₹2,451 crore, marking a 6 per cent YoY increase, while the EBITDA margin was sustained at over 20 per cent for the sixth consecutive quarter. Its Chetak scooter emerged as a standout performer for the quarter, with the phased rollout of the new 35 series accounting for 60 per cent of sales and doubling volumes year-on-year. The model achieved a market share of approximately 27 per cent by quarter-end, representing a gain of 14 per cent. Export volumes rose by around 20 per cent YoY, with broad-based growth across Latin America, Africa, and Asia. The company's export revenue was tempered by the suspension of KTM exports, a precautionary measure to mitigate receivable risks amid KTM's ongoing restructuring process. Triumph motorcycle sales reached a new high of approximately 12,000 units for the quarter, effectively doubling from the corresponding quarter last fiscal. Aggressive expansion efforts, particularly in Tier 2 and Tier 3 cities, played a crucial role in extending reach and tapping into fresh demand, the company said. For the full fiscal year ending March 31, 2025, the company's revenue crossed ₹50,000 crore for the first time, reflecting a 12 per cent annual increase. The growth was driven by record sales in both vehicles and spare parts. Overall volumes grew by 7 per cent YoY, buoyed by strong domestic performance during the first half of financial year 2024-25. Although the second half witnessed a relatively softer domestic market, this was more than compensated by a robust rebound in export sales, demonstrating the company's resilience and adaptability in response to changing market dynamics, a company statement said. The company also reported an all-time high EBITDA of ₹10,101 crore, marking a 14 per cent increase compared to the previous year, while profit after tax surpassed ₹8,000 crore for the full fiscal.