The Boad has recommended a dividend of Rs. 3/- per equity share
GNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GNA Axles Limited reported FY2026 standalone revenue of ₹1,478.42 crore, down 4% from ₹1,539.74 crore in FY2025, indicating a revenue decline. However, profit after tax grew 9.2% to ₹116.99 crore from ₹107.12 crore, with EPS rising to ₹27.25 from ₹24.95. The Board recommended a dividend of Rs. 3 per equity share, subject to shareholder approval. Additionally, the company approved investing up to Rs. 25 crore in GNA Mobility Limited, a wholly-owned subsidiary yet to start operations, for capex and working capital requirements. Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements.
Revenue decline of 4% may concern investors, but strong 9.2% PAT growth and dividend payout signal financial health. The Rs. 25 crore investment in a pre-revenue subsidiary indicates expansion plans but adds execution risk.