Granules India Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Granules India has announced a board meeting on May 28, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. Revenue hit Rs 4,482 Cr, with a profit before tax of Rs 660 Cr. Operations at the Gagillapur plant paused due to a USFDA warning, affecting revenues and increasing consultancy and freight expenses. A remediation plan with leading experts is underway. The company finalized the acquisition of Senn Chemicals AG through its subsidiary Granules Peptides Pvt Ltd. A final dividend of Rs 1.50 per share has been proposed.