Liberty Shoes Limited announced its audited financial results for the fourth quarter and year ended 31st March 2025, alongside other key board decisions.

Key financial highlights for the year ended 31st March 2025:

• Revenue from operations stood at ₹67,548.05 lakh, an increase from ₹63,685.93 lakh in the previous year.
• Profit for the year was ₹1,356.12 lakh, up from ₹1,115.76 lakh in the previous year.
• Basic Earnings Per Share (EPS) for the year was ₹7.92, compared to ₹6.40 in the prior year.

For the fourth quarter ended 31st March 2025:

• Revenue from operations was ₹18,765.93 lakh, up from ₹16,963.80 lakh in the corresponding quarter of the previous year.
• Profit for the period reached ₹560.69 lakh, compared to ₹498.30 lakh in Q4 FY24.

Other significant outcomes from the Board Meeting held on 28th May 2025:

• The Board of Directors decided to put on hold the implementation of the proposal for the payment of Annual Incentive to three Executive Directors, aggregating to ₹300 lakh. This incentive has not been recognized as an expense or provision for the financial year ended 31st March 2025.
• Sh. Neeraj Kumar Jindal (DIN: 00054885) has been appointed as an Additional Director (Independent) of the Company, effective 28th May 2025. His appointment as an Independent Director for a period of 3 years (from 28th May 2025 to 27th May 2028) is subject to approval by shareholders via a Postal Ballot process. Sh. Jindal, aged 53, is a 3rd generation entrepreneur with extensive experience in manufacturing and retail, including garment trims, steel, polybutton manufacturing, and luxurious furniture. He has no inter-se relationship with other Directors/KMPs and also holds a directorship in Hisar Metal Industries Ltd.

Auditors have issued an unmodified opinion on the financial results.

Auditor's Emphasis on Matters included:

• The Company's arrangements with partnership firms (in which some directors are partners) for using certain tangible and intangible assets are set to expire on 31st March 2028. The management expects to either acquire these assets, renew existing arrangements, or implement alternative strategies to ensure business continuity.
• Delays in payments to certain Micro and Small Enterprises (MSEs) resulted in an interest liability of ₹26.21 lakh under Section 16 of the MSMED Act, which is recognized but pending payment. The company stated these delays were due to vendors not timely declaring their MSME status.