FORTISNSEFortis Healthcare Limited· MiscellaneousMediumPositive
Announced Fri, 22 May · 20:49 IST

Recommendation of final dividend

Corporate Actions View source PDF

FORTIS · price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹961.90
prior close
₹969.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.3+1.5+0.9+0.5+0.0-2.6-3.4-3.0-2.2+0.8-0.9-2.0
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AI summary

Fortis Healthcare's Board approved the audited consolidated financial results for FY2026 ended March 31, 2026. Revenue from operations grew 17.3% to Rs 912,784 lakhs from Rs 778,275 lakhs in the previous year. Net profit increased 31.5% to Rs 106,419 lakhs from Rs 80,938 lakhs year-on-year. EBITDA rose to Rs 213,564 lakhs from Rs 165,488 lakhs. The Board recommended a final dividend of Rs 1 per equity share (10% on face value of Rs 10 each) for FY2025-26, subject to shareholder approval at the AGM. The auditors issued an unmodified opinion on the financial statements.

Likely market impact

The strong 31.5% profit growth demonstrates operational strength and may support the stock price. The modest Rs 1 per share dividend reflects a balanced approach between shareholder returns and capital preservation for growth investments. The ongoing SFIO investigation remains a background concern but did not affect the audit opinion.