Please find attached the intimation regarding the date of payment of dividend for the financial year ended March 31, 2026. If the Dividend, as recommended by the Board of Directors, ....
GRINDWELL · price
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Grindwell Norton Ltd reported strong full-year results for FY 2026 ended March 31. Standalone revenue grew 10.5% to ₹3,026 crore, while consolidated revenue reached ₹3,073 crore, up 9.3% YoY. Net profit on standalone basis rose 14.3% to ₹412.6 crore, with consolidated net profit at ₹416.8 crore, up 12.3%. Basic EPS improved from ₹32.59 to ₹37.27. The Board recommended a dividend of ₹19 per share (380% on ₹5 face value), payable from July 28, 2026, subject to shareholder approval at the July 24, 2026 AGM. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated financials. The company recognized ₹100.27 lakh as incremental obligation under new labour codes effective November 2025.
Consistent double-digit growth in revenue and profitability with clean audit opinion signals financial health. The recommended dividend of ₹19/share reflects strong cash generation, supporting positive sentiment for income-focused investors.