Rs 24 interim dividend declared after 12.2% sales growth
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The Board declared a first interim dividend of Rs 24 per share for 2026-27, totalling Rs 653 crore. The record date is November 2, 2026, and payment begins November 19. Q2 sales rose 12.2% year on year to Rs 1,692 crore, while adjusted net profit increased 5.5%.
Eligible shareholders will receive Rs 24 per share. Strong sales growth is positive, but the share price reaction will depend on future profit growth.