CARE Ratings Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 14 per equity share.
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CARE Ratings reported strong FY2026 results with consolidated revenue of Rs. 4,730.7 crore, up 17.6% from Rs. 4,023.2 crore in FY2025. Net profit grew 24.1% to Rs. 1,737.0 lakh from Rs. 1,400.0 lakh. The Board recommended a final dividend of Rs. 14 per share, bringing total dividend for FY26 to Rs. 22 per share (including Rs. 8 interim dividend paid in Q2). The record date for dividend is June 26, 2026. Other approvals include re-appointment of B S R & Co. LLP as statutory auditors for 5 years and grant of 55,000 stock options at Rs. 1,590 exercise price. The company also noted ongoing negotiations regarding sale of partial stake in CareEdge Global IFSC Limited to State Bank of India and NSE IFSC Limited.
The 24% increase in net profit and total dividend of Rs. 22 per share reflect healthy financial performance and shareholder-friendly policies. The dividend represents approximately 2% yield at current market prices, which is modest but consistent.