The record date i.e Monday, August 31, 2026 has been fixed for ascertaining entitlement for the payment of Dividend, if approved at the AGM.
GANESHHOU · price
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Ganesh Housing's Board approved audited FY2025-26 results showing consolidated revenue of Rs 5,385 crore and net profit of Rs 3,163 lakh, down from Rs 9,935 crore revenue and Rs 5,981 lakh profit in FY2024-25. The company recommended a dividend of Rs 1.50 per equity share (15% on Rs 10 face value), subject to shareholder approval at the 35th AGM scheduled for September 11, 2026. The record date for dividend entitlement is August 31, 2026. Auditors issued unmodified opinions on both standalone and consolidated financials. The company also appointed cost and internal auditors for FY2026-27.
Despite significant profit decline year-on-year, the company is maintaining a dividend payout. The stock may see neutral to mildly positive reaction as the dividend signals management confidence, though the sharp drop in earnings (EPS fell from Rs 71.72 to Rs 37.93) could weigh on sentiment.