Eimco Elecon (India) Limited has informed the Exchange that Board of Directors at its meeting held on April 14, 2026, recommended Final Dividend of Rs. 4 per equity share.
EIMCOELECO · price
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Eimco Elecon reported audited financial results for FY2025-26 ending March 31, 2026. Revenue from operations declined to Rs. 23,074.65 lakhs from Rs. 24,647.25 lakhs in the previous year, representing a 6.4% decrease. Net profit after tax fell to Rs. 3,871.33 lakhs from Rs. 4,890.68 lakhs, a decline of about 20.8%. Earnings per share dropped from Rs. 84.78 to Rs. 67.11. The Board recommended a final dividend of Rs. 4 per equity share (40%) for shareholder approval at the ensuing AGM. The statutory auditors issued an unmodified audit opinion confirming true and fair view of the financial statements. The company also reconstituted its Risk Management Committee and reappointed its internal, cost, and tax auditors for FY2026-27.
The 20.8% decline in net profit and 6.4% revenue decline indicate pressure on the company's profitability, though the maintained dividend payout demonstrates management confidence. The unmodified audit opinion provides assurance to shareholders regarding financial statement reliability.