Board approved final dividend for financial year 2025-26

DEEPINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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-2.4%1-day move

₹455.00

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₹453.10

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AI summary

Deep Industries Ltd board meeting on May 14, 2026 approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported standalone net profit of Rs. 9,741.19 lakhs, a significant turnaround from loss of Rs. 11,543.32 lakhs in FY2025. Consolidated net profit stood at Rs. 19,705.99 lakhs. The board recommended a final dividend of INR 2.50 per share (50% on face value of Rs. 5), subject to shareholder approval at the ensuing AGM. Additionally, the NCLT-approved scheme of amalgamation of Kandla Energy & Chemicals Limited (KECL) with Deep Industries became effective from March 31, 2025, with certain legacy trade receivables written off as exceptional items.

Likely market impact

The company has returned to profitability with strong growth in both standalone and consolidated net profit. The recommended dividend of INR 2.50 per share provides shareholder returns, though the dividend yield cannot be confirmed without current stock price data.