Gamco Ltd — Dividend/Bonus, 29-08-2025: Corp. Action
29-08-2025 | 08:04 pm
29-08-2025 | 08:04 pm
GAMCO has announced its Annual General Meeting to approve a final dividend of ₹0.10 per share for the fiscal year 2024-25. This follows a 5:4 bonus share issue and a stock split from ₹10 to ₹2 face value in the past year. For FY25, standalone net profit significantly decreased to ₹5.16 Cr from ₹33.13 Cr in the prior year, primarily due to a ₹17.05 Cr notional valuation loss from a market downturn, despite realizing ₹22.77 Cr in gains. The debt-equity ratio increased to 2.33x from 1.23x, reflecting expanded debt-funded investments. The company plans to divest some equity holdings to strengthen its warehousing and glass manufacturing businesses.
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