Board Recommended Final dividend for the FY 2025-26 subject to approval of Members at the ensuing AGM
BEEKAY · price
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Beekay Steel Industries board has recommended a final dividend of Rs 1 per equity share (10% on Rs 10 face value) for FY 2025-26, subject to shareholder approval at the AGM. The company reported standalone revenue of Rs 1,17,504.28 Lakhs for the year ended March 2026, with profit before tax of Rs 5,201.14 Lakhs, significantly lower than Rs 11,357.02 Lakhs in the previous year. Consolidated profit for the year was Rs 4,968.38 Lakhs compared to Rs 11,045.46 Lakhs in FY 2024-25. The dividend amount is unchanged from last year's Rs 190.72 Lakhs total payout. Auditors issued unmodified opinions on both standalone and consolidated financial statements.
The unchanged dividend despite lower profits signals management confidence, though the stock may face pressure due to the significant profit decline. Investors should note the record date will be set at the AGM.