Mafatlal Industries FY25 income jumps 33%, dividend Rs2

Annual report sets the FY25 context

Mafatlal Industries Limited said its Board of Directors presented the 111th Annual Report covering business operations and audited financial statements for the year ended March 31, 2025. The disclosures outline the company’s latest full-year performance, dividend actions, and audit-related decisions. Alongside the annual report commentary, the company also made multiple market communications on board meeting schedules and quarterly results in FY26. Together, these updates provide a structured view of how FY25 closed and how FY26 has begun.

FY25 revenue and income: what changed year-on-year

For FY25 (2024-25), Mafatlal Industries reported revenue from operations of INR 2,807.23 crore, compared with INR 2,078.41 crore in FY24 (2023-24). Other income stood at INR 38.07 crore in FY25 versus INR 63.81 crore in FY24. Total income increased to INR 2,845.30 crore from INR 2,142.22 crore. The company described this as a 33% year-on-year increase in total income.

Profit, tax line and full-year bottom line

Profit before taxes (PBT) for FY25 was INR 74.54 crore, compared with INR 79.04 crore in FY24. Tax expense or benefits were reported at INR -23.60 crore in FY25 versus INR -19.71 crore in FY24. Profit after tax was INR 98.14 crore for FY25, marginally lower than INR 98.75 crore in FY24. The annual report commentary framed FY25 profitability in the context of operating execution and financial management.

EBITDA: stripping out FY24’s one-time gain

The company highlighted that FY24 EBITDA included a one-time gain of INR 38.20 crore from the sale of investment properties and assets held for sale. It said no such non-recurring income was recorded during FY25. Mafatlal Industries reported EBITDA of INR 106.53 crore for FY25. Excluding the FY24 one-time gain, the company said it saw a substantial improvement in core operating profitability.

Dividend for FY25: interim paid, final recommended

During FY25, the Board declared and paid an interim dividend of Re 1 per equity share of face value Rs 2 (50% of face value), disbursed in August 2024. Separately, the Board recommended a final dividend of Re 1 per equity share of Rs 2 for FY25, subject to shareholder approval at the ensuing 111th Annual General Meeting. With interim plus final, the total dividend for FY25 amounted to Rs 2 per equity share of Rs 2 each, representing 100% of the face value. The company also disclosed dividend payment entries including a final payment of 1 INR dated 25/07/2025 and an interim payment of 1 INR dated 09/08/2024.

Key FY25 numbers at a glance

Cost audit and internal audit: board decisions

Based on the Audit Committee’s recommendation, the Board re-appointed M/s. B. Desai & Co. as Cost Auditors for FY26 (2025-26) to audit cost records relating to textile products. The company said the Audit Committee received a certificate from the cost auditors confirming independence and eligibility under applicable laws. The Board approved remuneration of INR 0.0475 crore (Rs 4,75,000) plus applicable taxes and reimbursement of out-of-pocket expenses for FY26. On internal audit, the company said the Audit Committee, in consultation with internal auditors, determines scope, functioning, periodicity, and methodology to evaluate and monitor internal controls and processes.

FY26 board calendar: results and dividend consideration

In a BSE intimation, Mafatlal Industries said its board meeting was scheduled on January 30, 2026 to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. Separately, the company also informed that a board meeting was scheduled on November 4, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The same November meeting agenda included consideration of an interim dividend, if any, for FY26.

Q2 FY26: revenue up, PAT jumps, severance cost disclosed

Mafatlal Industries announced its Q2 FY26 results, reporting revenue of INR 1,029.69 crore, up 3.32% compared with Q2 FY25. Profit after tax rose 79.87% year-on-year to INR 64.77 crore. The results included an exceptional item of INR 5.96 crore linked to employee severance costs for a voluntary retirement scheme at the Nadiad location. The company also described itself as diversified across textiles, digital infrastructure, and consumer durables in the Q2 FY26 results communication.

Interim dividend in FY26: amount, record date and timeline

For FY26, the Board approved an interim dividend of Rs 1.25 per equity share of face value Rs 2. The record date was set as November 14, 2025, with payment to be made on or before November 21, 2025. The company advised shareholders to submit required documents by November 14, 2025 to determine applicable TDS rates under the Income Tax Act, 1961. This interim dividend disclosure was included along with the Q2 FY26 unaudited financial results.

Auditor review and where the financials are hosted

PriceWaterhouseCoopers, the statutory auditors, provided an unmodified opinion on the limited review of the financial results, affirming accuracy and compliance as reported. The company also stated that audited financial statements for the year ended March 31, 2025 were made available on its website at www.mafatlals.com/investors. These governance disclosures, combined with the board meeting intimations, provide reference points for investors tracking periodic reporting and audit oversight.

What investors can track next

From the FY25 annual report, investors can track the gap between income growth and relatively stable net profit, and the role of non-recurring items highlighted for FY24. In FY26, the interim dividend timeline and the exceptional severance cost in Q2 FY26 are discrete data points already on record. The next stated step is the board consideration of unaudited results for the quarter and nine months ended December 31, 2025 at the meeting scheduled for January 30, 2026, as disclosed to the stock exchange.