The Board has approved final Dividend for the FY 2025-26
FINCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Finolex Cables Board approved a final dividend of Rs. 9 per share (450% on face value of Rs. 2) for FY 2025-26, up from Rs. 8 per share in FY 2024-25, subject to shareholder approval at AGM. The company reported strong FY26 results with standalone revenue of Rs. 6,321 crore (up 19% YoY) and net profit after tax of Rs. 622.87 crore (up 14.4% YoY). Consolidated net profit stood at Rs. 713.72 crore. Q4 revenue grew 22% to Rs. 1,951.1 crore. The board also announced leadership changes — elevating Mahesh Viswanathan as CEO and appointing Sachin Naik as CFO, both effective June 1, 2026.
The dividend increase signals strong financial health and cash generation. The 12.5% hike from Rs. 8 to Rs. 9 per share, combined with double-digit profit growth, is positive for investor sentiment. Leadership transition adds a new dimension to the company's growth trajectory.