Carraro India Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 6.75 per equity share subject to the approval of the Shareholders at the ensuing annual general meeting of the Company
CARRARO · price
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Carraro India Limited's Board of Directors meeting on May 26, 2026 approved and recommended a final dividend of Rs. 6.75 per equity share (67.5% on face value of Rs. 10) for FY2026, subject to shareholder approval at the AGM. The total dividend payout will be Rs. 383.75 million. The Board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Standalone revenue from operations grew to Rs. 22,388.94 million from Rs. 17,921.53 million in the previous year. Consolidated profit after tax stood at Rs. 1,305.83 million compared to Rs. 881.36 million year-on-year. Consolidated annual EPS improved to Rs. 22.96 from Rs. 15.50. The auditors issued unmodified opinions on both standalone and consolidated financial results. The company also appointed M/s Adawadkar Deshmukh & Associates as Cost Auditors for FY2026-27.
The strong profit growth and dividend recommendation are positive signals for shareholders. The 48% YoY increase in consolidated PAT demonstrates operational strength, and the proposed dividend payout represents a commitment to returning value to shareholders pending AGM approval.