GE Power India Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 7 per equity share.
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On the reaction day the stock moved 8.3 pts more than Nifty Microcap 250 and 8.7 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GE Power India Limited's Board has recommended a final dividend of Rs. 7 per equity share (face value Rs. 10 each) for the financial year ended March 31, 2026, totaling approximately Rs. 470.6 million. This is subject to shareholder approval at the upcoming AGM. The company reported robust FY2026 results with standalone revenue from operations rising 21% to Rs. 12,692.7 million from Rs. 10,471.0 million in FY2025. Net profit from continuing operations surged to Rs. 3,061.0 million compared to just Rs. 224.6 million in the previous year. EPS from continuing operations improved significantly to Rs. 45.53 from Rs. 3.34. The company has completed the sale of its Gas Power and Hydro business undertakings to GE group entities, and has a pending demerger of its Durgapur facility to JSW Energy Limited.
The strong profit growth and dividend recommendation signal a healthy financial position. The dividend aggregates to Rs. 470.6 million, representing a return to shareholders pending AGM approval. However, investors should note the company is undergoing significant restructuring with business sales and a pending demerger.