Recommended Final dividend of Re. 0.10 /- (5% of Equity Share of Rs. 2 each) per Equity share for the Financial Year 2024-2025, subject to the declaration of the same by the members in the ensuing Annual General Meeting..
BAIDFIN · price
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Awaiting price reaction for this filing.
Baid Finserv's board approved unaudited results for Q1 FY26 (quarter ended June 30, 2025), reporting total income of Rs. 2,390.94 lakh, up about 24% year-on-year from Rs. 1,934.91 lakh. Profit after tax rose nearly 29% to Rs. 401.61 lakh (from Rs. 311.89 lakh), with EPS of Rs. 0.33 versus Rs. 0.26 last year. The board recommended a final dividend of Re. 0.10 per share (5% on face value of Rs. 2) for FY25, subject to shareholder approval at the AGM on September 12, 2025, with the record date set as September 5, 2025. Mr. Aman Baid was re-appointed as Whole Time Director for three years starting June 2026, and M/s ABSM & Associates was appointed as the new statutory auditor for five years (up to FY30 AGM), replacing the retiring auditors.
Strong Q1 earnings growth (PAT up ~29%) is positive for shareholders, while the Re. 0.10 final dividend is a very small payout and unlikely to meaningfully boost returns or drive stock price action. The director re-appointment and auditor change are routine governance items and should be neutral for the stock.