Intimation of record date for final dividend
GVT&D · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GE Vernova T&D India Ltd'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. The record date for determining dividend entitlement has been fixed. For FY2025-26, the company reported net profit of Rs. 12,332.5 million, up 50% from Rs. 8,196.7 million in the previous year. Revenue from operations grew to Rs. 62,063.1 million from Rs. 42,923.0 million. Basic EPS improved to Rs. 48.16 from Rs. 23.76. The statutory auditors issued an unmodified opinion on the financial results.
The strong 50% increase in net profit and consistent dividend payout signal financial health. Shareholders who are on the record date will receive Rs. 10 per share if the dividend is approved at AGM. The stock may see positive sentiment given the robust earnings growth.