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Panasonic Energy India’s Net Profit Steady At Rs 11.7 Cr In FY25 – EQ

Panasonic Energy India’s Net Profit Steady At Rs 11.7 Cr In FY25 – EQ

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In Short : Panasonic Energy India reported a 9.35% rise in Q4 FY25 net profit to ₹1.17 crore, despite a 12.55% drop in revenue to ₹63.41 crore. FY25 net profit stood at ₹11.77 crore, up 1.12% YoY. The board proposed a ₹9.42 dividend per share. Chairman Akinori Isomura will be succeeded by Akio Fujita from July 1, 2025.

In Detail : Panasonic Energy India, part of Panasonic Holdings Corporation, has reported a 1.12 per cent uptick in its consolidated net profit in the financial year 2025 (FY25). The company’s net profit grew to Rs 11.77 crore in FY25 from Rs 11.64 crore in FY24.

The financial results of the company revealed that the revenue from operations dipped to Rs 63.40 crore in the recently concluded quarter from Rs 72.51 crore in Q4FY24. In FY25, the company reported dip in revenue from operations, which stood at Rs 268.41 crore in FY25 as compared to Rs 292.42 crore in FY24.

“We see India as an opportunity and have been regularly exploring prospective investments to expand our operations and product portfolio. We are pleased with our continued growth trajectory in FY24- 25, particularly the significant growth in profitability metrics. While the slight dip in revenue is attributed to the exceptional B2B order last year, our core business has shown resilient growth of three per cent when adjusted for this factor,” stated Akinori Isomura, Chairman and Managing Director, Panasonic Energy India.

The FY25 earnings before interest, tax, depreciation and amortisation (EBIDTA) was at Rs 22.07 crore, up by 14.96 per cent. During the same fiscal year, the company registered 14.35 per cent profit before tax (PBT) and closed the balance sheet with a market cap of over Rs 258.6 crore.

Sharing an update, the company stated in an exchange filing that its board has approved the resignation of Akinori Isomura as Chairman and Managing Director (CMD) of the company with effect from 30 June 2025 after office hours.

“Based on the recommendation of the Nomination and Remuneration Committee, Board has recommended to the members for approval of appointment of Akio Fujita as Additional Director of the company and designate him as the Chairman and Managing Director of the company for two years with effect from 01 July 2025 to 30 June 2027,” it added.

The board has recommended a dividend at 94.20 per cent (Rs 9.42 per equity share) on fully paid-up equity shares of Rs 10 each for the financial year 2024-25. The dividend, if approved by the members at the ensuing 53rd Annual General Meeting (AGM) of the company, will be paid within 30 days of the AGM.

Anand Gupta Editor - EQ Int'l Media Network