Novartis India Ltd — Dividend/Bonus, 10-05-2025: Corp. Action

Novartis India Limited has announced a board meeting on which approved the audited financial results for the quarter and financial year ended March 31, 2025. The company reported total income of ₹3982.3 million and profit before tax of ₹1304.2 million for the year. Profit after tax stood at ₹1009 million with earnings per share at ₹40.87. The Board has proposed a final dividend of ₹25 per share, subject to shareholder approval. Mr. Sanker Parameswaran has been re-appointed as a Non-Executive Independent Director for a five-year term, pending shareholder approval. M K Saraf & Associates LLP has been appointed as Secretarial Auditors for five years, subject to shareholder consent. The 77th Annual General Meeting and book closure dates were also determined.