Latest news with #ZydusWellnessLimited
Business Upturn
19-05-2025
- Business
- Business Upturn
Zydus Wellness Q4FY25: Revenue rises 17.1% to Rs 910.6 crore, net profit jumps 14.3% YoY to Rs 171.9 crore
By News Desk Published on May 19, 2025, 12:54 IST Zydus Wellness Limited announced its financial results for the quarter and year ended March 31, 2025. For Q4FY25, the company reported a revenue of ₹910.6 crore, up 17.1% year-on-year from ₹778 crore. Net profit for the quarter rose 14.3% YoY to ₹171.9 crore from ₹150.3 crore in the same quarter last year. For the full financial year FY25, Zydus Wellness posted a revenue of ₹2,691.2 crore, compared to ₹2,315.2 crore in FY24. Net profit for the year increased to ₹346.9 crore, from ₹266.9 crore in the previous year. In its board meeting held on May 19, 2025, the company also approved the following: A final dividend of ₹6 per share (60% on face value of ₹10), with a record date set for July 11, 2025. Payment will be made on or after August 4, 2025, subject to shareholder approval at the AGM. The 31st Annual General Meeting will be held on July 30, 2025, via video conferencing. A 1:5 stock split has been proposed, where each ₹10 share will be split into five ₹2 shares, aimed at enhancing retail participation. Appointment of Hitesh Buch & Associates as secretarial auditors for a five-year term (FY26–FY30). Reappointment of Mukesh M. Shah & Co. as statutory auditors for a second five-year term (FY26–FY30). The share split is expected to be completed within two months from shareholder approval. News desk at
Business Upturn
19-05-2025
- Business
- Business Upturn
Zydus Wellness board recommends Rs 6 final dividend, approves 1:5 stock split and AGM on July 30
By News Desk Published on May 19, 2025, 12:50 IST Zydus Wellness Limited announced a series of corporate actions following its board meeting held today. The company has recommended a final dividend of ₹6 per share (60%) for FY25, subject to shareholder approval at its upcoming Annual General Meeting (AGM) scheduled for July 30, 2025. The record date for determining eligibility for the dividend has been set as July 11, 2025, and the dividend, if approved, will be paid on or after August 4, 2025. Additionally, the board has approved a stock split in a 1:5 ratio, wherein each fully paid equity share of face value ₹10 will be split into five fully paid equity shares of face value ₹2. This move aims to improve share affordability and enhance retail investor participation. The record date for the stock split will be announced post-shareholder approval at the AGM. The board also approved the appointment of Hitesh Buch & Associates as secretarial auditors for a five-year term (FY26–FY30) and the reappointment of Mukesh M. Shah & Company as statutory auditors for a second term of five years, until the conclusion of the 36th AGM. The company's AGM will be held via video conferencing on July 30, 2025 at 10:00 AM IST. Zydus Wellness stated that these resolutions are subject to shareholder approvals at the AGM. News desk at
