Kovai Medical Center & Hospital Ltd — Dividend/Bonus, 29-05-2025: Corp. Action
Kovai Medical Center and Hospital Limited has announced a board meeting approving the audited financial results for the quarter and financial year ended March 31, 2025, with auditors giving an unmodified opinion. Revenue from operations stood at ₹1,369.74 Cr for the year with a profit before tax of ₹277.55 Cr and net profit of ₹208.95 Cr. The Board declared a final dividend of 100% on equity shares, subject to shareholder approval. Dr. Thavamani Devi Palaniswami was reappointed as Joint Managing Director for five years, pending shareholder nod. The company also reappointed its cost auditor, secretarial auditor, and internal auditor. Cash flow from operations rose to ₹352.91 Cr, supporting continued investments in property and equipment. This reflects steady operational performance and strong governance, beneficial for shareholders.
