Cheviot Company Limited has informed the Exchange that Record date for the purpose of Dividend is 30-Jul-2026.
CHEVIOT · price
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Cheviot Company Limited reported FY2026 audited standalone results with net profit of ₹5,169.15 Lakhs, down ~10.5% from ₹5,774.19 Lakhs in FY2025. Revenue from operations grew 24.5% to ₹54,740.51 Lakhs (vs ₹43,942.61 Lakhs). EPS stood at ₹88.48 per share. The Board recommended a final dividend of ₹25 per share (250% on face value of ₹10), totaling ₹14.60 Crores, subject to shareholder approval at the AGM on 6th August 2026. The record date for determining dividend entitlement is 30th July 2026, with payment on or from 11th August 2026.
Despite revenue growth, profit decline and lower EPS may mildly concern investors focused on profitability. However, the 250% dividend payout signals management confidence and provides income support for shareholders ahead of the August payment.