India, May 13 -- In a significant milestone reflecting renewed financial strength and long-term growth, Morepen Laboratories Ltd. (NSE: MOREPENLAB; BSE: 500288) has proposed a dividend of ?0.20 per share—its first in 23 years. The proposal is subject to shareholder approval at the upcoming Annual General Meeting and marks a historic moment in the company's four-decade journey.
The announcement follows an exceptional financial performance in FY25. Gross revenue rose 7.4% year-on-year to ?1,830 crore from ?1,704 crore in FY24. EBITDA increased 21.6% to ?118 crore, while Profit After Tax (PAT) also touched ?118 crore. Earnings Per Share (EPS) climbed 17% to ?2.20.
Sushil Suri, Chairman & Managing Director, commented, "This moment is sy...