Board of directors at its meeting held today has recommended a final dividend @ 500 i.e. Rs. 10 per equity share subject to the approval of the shareholders at the ensuing Annual General Meeting.
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GE Vernova T&D India's board has recommended a final dividend of Rs. 10 per equity share (500% on face value of Rs. 2) for FY2025-26, subject to shareholder approval at the ensuing AGM. For the year ended March 2026, the company reported total income of Rs. 62,971.5 million and net profit of Rs. 12,332.5 million, up from Rs. 43,548.9 million and Rs. 8,196.7 million respectively in the prior year. Basic EPS stood at Rs. 48.16. The dividend will be paid within 30 days of the AGM. The board also approved the audited financial results and fixed a record date for determining dividend entitlement. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on the financial statements.
The company delivered strong double-digit profit growth in FY2026. The proposed dividend represents a payout ratio of approximately 20.8%, signaling healthy cash generation and shareholder-friendly capital allocation. This is a regular dividend announcement with no unusual signals detected.