Board approved Dividend @ 200% i.e., Rs. 20/- per equity shares
GLOSTERLTD · price
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Gloster Limited's Board of Directors has recommended a dividend of Rs. 20 per equity share (200% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported standalone profit after tax of Rs. 3,876.03 lakhs for the year ended March 31, 2026, compared to Rs. 1,344.42 lakhs in the previous year, representing strong year-on-year growth. On a consolidated basis, the company reported profit before tax of Rs. 3,250.98 lakhs. Revenue from operations grew significantly to Rs. 1,42,672.56 lakhs on consolidated basis. The company operates in two segments: Jute Goods and Cables & Other Electrical Products.
The recommendation of a 200% dividend signals strong financial performance and confidence from the board. The nearly 3x increase in standalone PAT year-on-year supports the dividend payout, which should be positive for shareholder returns.