Whalesbook
DIC India Limited's 78th Annual General Meeting (AGM) on March 23, 2026, saw shareholders approve the company's audited financial statements for the fiscal year ending December 31, 2025. A final dividend of ₹3 per equity share for FY 2025 was declared, providing a return to shareholders.
During the meeting, directors Mr. Hayato Kashiwagi and Mr. Adnan Wajhat Ahmad were reappointed, ensuring continuity in leadership. The firm M/s. Chandra Wadhwa & Co. was appointed as the new Cost Auditor.
Financially, DIC India reported a slight revenue growth of 1.16% to ₹89,178.85 lakhs for FY25. However, net profit experienced an 11.07% decline, falling to ₹1,737.66 lakhs. This profit dip was partly due to exceptional expenses related to new labor codes.
The company continues to navigate regulatory matters. DIC India settled a case with SEBI for ₹34.32 lakh concerning alleged disclosure lapses. It is also contesting an Income Tax draft order proposing an upward adjustment of ₹3.84 crore for FY22-23. A notable relief came from a significant reduction in GST demand to ₹3.81 lakh.
Investors will be watching for the submission of voting results and the scrutinizer's report to stock exchanges. Future focus will also be on how the company addresses its profit decline and manages ongoing tax scrutiny.