Board recommends Final Dividend for F.Y. 2025-26
ADSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Allied Digital Services Ltd's Board has recommended a final dividend of Rs. 1.50 per share (30% on Rs. 5 face value) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company's standalone performance deteriorated significantly, reporting a net loss of Rs. 81 Lakhs for FY 2025-26 compared to a profit of Rs. 1,073 Lakhs in the previous year. Standalone revenue from operations grew marginally to Rs. 38,782 Lakhs from Rs. 36,615 Lakhs. On a consolidated basis, the company reported profit after tax of Rs. 3,552 Lakhs (EPS: Rs. 6.30) versus Rs. 3,226 Lakhs (EPS: Rs. 4.98) in the previous year, showing improvement due to subsidiary performance. The auditors issued a qualified opinion citing non-compliance with Section 186(7) of the Companies Act, 2013 regarding interest-free loans to subsidiaries, which has been partially rectified.
The standalone loss and significant decline in standalone profitability raise concerns about the company's core business performance. While a dividend is being declared, the massive drop in standalone earnings from Rs. 1,073 Lakhs profit to an Rs. 81 Lakhs loss suggests reduced earnings strength at the parent level, which could pressure future dividend sustainability despite the consolidated group's profitability.