Avadh Sugar & Energy Limited has informed the Exchange regarding 'Dividend'.
AVADHSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avadh Sugar & Energy Limited's Board declared a final dividend of Rs. 10 per share (100% on Rs. 10 face value) for FY2026, subject to shareholder approval at the AGM. For the full year ended March 2026, the company reported total income of Rs. 2,69,857.46 lakhs (up from Rs. 2,63,939.60 lakhs), but net profit after tax declined significantly to Rs. 5,730.53 lakhs from Rs. 8,793.51 lakhs in the previous year. The board also appointed Mr. Amit Dalal as Independent Director and re-appointed Mr. Somnath Mukherjee as Cost Auditor for FY2027. An exceptional charge of Rs. 210.26 lakhs related to new labour code implementation was recorded. The statutory auditor issued an unmodified opinion on the financial results.
The dividend declaration signals the board's confidence despite a 35% decline in annual profits. The maintained dividend payout may provide support to the stock price, though the significant profit decline could raise concerns among investors focused on earnings growth.