Dividend13 May 2025, 09:03 am
Morepen Board Proposes Dividend After 23 Years, Scores Highest PAT of Rs. 118 in FY25
AI Summary
Morepen Laboratories Ltd. board has proposed to declare a dividend (Rs.0.20 per share) after a gap of 23 years, marking a significant moment in the company's four-decade legacy. The proposal comes on the back of excellent financial results for FY25, with gross revenue rising to ~1,830 crore, a 7.4% year-on-year increase. EBITDA surged 21.6% to ¥118 crore, and Profit After Tax jumped to ~118 crore, while Earnings Per Share (EPS) climbed to ¥2.20, up 17% from the previous year.
Key Highlights
- Morepen board proposes dividend after 23 years
- Gross revenue for FY25 increased by 7.4% to ~1,830 crore
- EBITDA surged by 21.6% to ¥118 crore
- Profit After Tax jumped to ~118 crore
- Earnings Per Share (EPS) climbed to ¥2.20, up 17% from the previous year