Arkade Developers Limited has informed the Exchange that Board of Directors at its meeting held on July 25, 2025, declared Interim Dividend of Re 1 per equity share.
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Arkade Developers' Board of Directors, at its meeting on July 25, 2025, approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025), with statutory auditor Mittal & Associates issuing an unmodified limited review opinion. Revenue from operations grew about 27% year-on-year to Rs. 15,944.58 lakhs (vs Rs. 12,538.13 lakhs in Q1 FY25), but profit after tax dipped slightly to Rs. 2,875.53 lakhs (vs Rs. 3,022.14 lakhs), with EPS at Rs. 1.55 versus Rs. 1.55 reported earlier (comparing Rs. 1.99 prior). The Board declared a 1st interim dividend of Re. 1 per equity share (10% on face value of Rs. 10), with record date August 1, 2025 and payment on or before August 12, 2025. Notably, the promoter and executive directors have waived their dividend entitlements to enhance shareholder value. Of the Rs. 38,106.50 lakhs IPO proceeds, Rs. 30,394.98 lakhs has been utilised as of June 30, 2025.
Strong top-line growth signals healthy project momentum and bookings, though modest PAT decline and EPS softness may temper enthusiasm; the dividend declaration and promoter waiver are shareholder-friendly and could support near-term sentiment.