The Board has recommended a Final Dividend of Rs. 32/- per share (@320%) of Rs. 10/- each for the FY 2025-26, subject to the approval of the shareholders of the Company at the ensuing Annual ....
AUTOAXLES · price
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Automotive Axles Limited's Board has recommended a final dividend of Rs. 32 per share (320% on Rs. 10 face value) for FY 2025-26, subject to shareholder approval at the AGM on August 12, 2026. The record date for dividend eligibility is August 5, 2026, with payment to be made by September 11, 2026. For the year ended March 2026, the company reported revenue of Rs. 21,777.29 million (up 4.8% YoY) and profit after tax of Rs. 1,643.75 million (up 5.7% YoY). EPS for the year stands at Rs. 108.77 compared to Rs. 102.92 in the previous year. The audit report was issued with an unmodified opinion, indicating clean financials.
The 320% dividend payout signals strong financial health and confidence in future cash flows. Shareholders can expect positive sentiment around the stock given consistent profit growth and generous dividend distribution.