Board Declared Dividend @5% on Face Value
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors declared a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10 each) for FY2026, subject to shareholder approval at the AGM. Combined with an interim dividend of Rs. 0.50 already paid, the total dividend for the year is Rs. 1.00 per share. The company reported strong financial results with consolidated net profit of Rs. 150.07 lakhs for FY2026, up from Rs. 115.84 lakhs in the previous year - a growth of about 30%. Total income increased to Rs. 393.01 lakhs from Rs. 354.29 lakhs. The auditors issued an unmodified opinion on the financial statements.
Positive signal for shareholders as the company maintained total dividend despite higher profits, indicating strong cash flow generation. The consistent dividend payout demonstrates financial stability in the real estate business.