Visco Trade Associates Ltd, Now Known as GAMCO LIMITED, Announces Financial Results and Dividend
In a significant development for investors, GAMCO LIMITED, formerly known as Visco Trade Associates Ltd, has announced its financial results for the quarter and year ended 31st March 2025. The company, listed on the Bombay Stock Exchange Ltd, has also recommended a dividend payout, marking a positive outlook for its shareholders.
Financial Highlights
The Board of Directors, in a meeting held on 5th May 2025, reviewed and approved the audited standalone and consolidated financial results for the year. The results were accompanied by an auditors’ report that carried an unmodified opinion, indicating a clean bill of health for the company’s financial practices. This unmodified opinion is a testament to the company’s robust financial management and adherence to regulatory standards.
Dividend Declaration
In a move that is likely to be welcomed by investors, the Board recommended a dividend of Re. 0.10 per equity share of Rs. 2 each, translating to a 5% dividend for the financial year ended 31st March 2025. This declaration underscores the company’s commitment to returning value to its shareholders and reflects confidence in its financial stability and future prospects.
Stock Performance
As of the close on 6th February 2025, Visco Trade Associates Ltd’s stock was priced at INR 92.27. Over the past year, the stock has seen significant volatility, with a 52-week high of INR 148 on 22nd December 2024, and a 52-week low of INR 57.8 on 30th May 2024. This fluctuation highlights the dynamic nature of the market and the company’s resilience in navigating these changes.
Looking Ahead
The announcement of the financial results and the dividend declaration is a pivotal moment for GAMCO LIMITED. It not only reflects the company’s current financial health but also sets the tone for its future direction. With a solid foundation and a clear commitment to shareholder value, GAMCO LIMITED is poised for continued growth and success in the coming years.
For more information, shareholders and interested parties are encouraged to visit the company’s website at www.viscotradeassociates.in or contact them via email at tradevisco@gmail.com .
This narrative-driven overview encapsulates the key financial news concerning Visco Trade Associates Ltd, now operating under the name GAMCO LIMITED, highlighting its recent financial results, dividend declaration, and stock performance, all of which are crucial for investors and stakeholders.