Recommendation of Final Dividend of Rs. 1.25/- per equity share for the Financial Year 2025-26
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The Board of Directors has recommended a final dividend of Rs. 1.25 per equity share (125% on paid-up capital) for FY 2025-26, subject to shareholder approval at the ensuing AGM. Standalone net profit declined 15.4% to Rs. 2,249.61 lakhs from Rs. 2,658.96 lakhs in the previous year, while revenue from operations fell to Rs. 32,301.40 lakhs from Rs. 33,734.12 lakhs. EPS dropped to Rs. 4.41 from Rs. 5.21. The total dividend paid during the year was Rs. 586.51 lakhs, significantly lower than Rs. 1,351.50 lakhs in the previous year. The auditor issued an unmodified opinion on the financial statements. Additionally, the Board re-appointed two Whole-time Directors and appointed a new Company Secretary.
The dividend recommendation signals confidence in the company's financial position, despite profit decline. Shareholders should note the reduced total dividend payout compared to the prior year, which may indicate conservative cash conservation or lower profits impacting distribution capacity.