Key highlights of the result:
- Financial Performance – Consolidated
- Revenue up 154% YoY
- EBITDA up 79% YoY
- PAT up 55% YoY
- Board has approved issuance of bonus equity shares in the ratio of 2:1, i.e. two additional equity shares for every one existing equity share having face value of ₹2 each, by capitalising a part of reserves. This is subject to shareholders and regulatory approvals. The record date for the bonus issue is July 12, 2022.
- The Board recommended a final dividend of ₹3 per equity share (pre-bonus), subject to requisite approvals. Total dividend for FY22 (including interim dividend) would be ₹6 per equity share (pre-bonus) compared to ₹5 per equity share (pre-bonus) paid for FY21. FY23 and onwards, dividend payout to be on half-yearly basis.
- Appointment of Mr Prakash Apte as an Independent Director effective May 25, 2022.