ELGIEQUIPNSEElgi Equipments Limited· Compressors / PumpsHighPositive
Announced Wed, 28 May · 19:38 IST

Elgi Equipments Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Jul-2025.

Corporate Actions View source PDF

ELGIEQUIP · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Elgi Equipments announced strong FY25 results with consolidated revenue of Rs. 3,218 Crores, up 9% year-on-year, and consolidated PAT rising to Rs. 350 Crores from Rs. 312 Crores. Q4 FY25 consolidated sales came in at Rs. 993 Crores (vs Rs. 866 Crores) with PAT of Rs. 102 Crores (vs Rs. 76 Crores). The Board recommended a final dividend of Rs. 2.20 per equity share (220% on Re. 1 face value) for FY25, subject to shareholder approval, with a record date of July 18, 2025. The 65th AGM is scheduled for August 12, 2025 via video conferencing. Mr. Jairam Varadaraj was re-appointed as Managing Director for another 5 years effective April 1, 2026, and M/s. STR & Associates were appointed as Cost Auditors for FY26.

Likely market impact

Double-digit profit growth and a healthy dividend payout are positive signals for shareholders, likely to support investor sentiment and the stock price. Eligible shareholders as of the July 18, 2025 record date will receive the dividend on or before September 10, 2025.