The Board has recommended a dividend of Rs. 1.50/- per Equity Shares of Rs.10/- each (15%) to the shareholders of the Company for the financial year 2025-2026.
GANESHHOU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ganesh Housing's Board approved FY26 audited results showing standalone net profit of Rs. 3,571.44 lakh and consolidated net profit of Rs. 31,625.81 lakh. Both figures represent significant declines from FY25 levels (standalone profit dropped 91%, consolidated profit fell 47%). The Board recommended a dividend of Rs. 1.50 per equity share (15% on Rs. 10 face value) for shareholders of record on August 31, 2026. The dividend is subject to shareholder approval at the 35th AGM scheduled for September 11, 2026. Auditors issued unmodified opinions on both standalone and consolidated financial statements.
While profits have declined substantially year-on-year, the company's decision to maintain dividend payout signals confidence in financial stability. The consistent 15% dividend despite lower profits could be viewed positively by income-focused investors but may raise questions about capital preservation.