Corporate Action - Board approves Dividend.
GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GNFC's Board has recommended a dividend of Rs. 21 per equity share (210% payout) for FY ended March 31, 2026, pending shareholder approval at the AGM. The company reported strong financial performance with standalone net profit jumping 36% to Rs. 797 Crores compared to Rs. 585 Crores in the previous year. Standalone revenue from operations was Rs. 7,773 Crores vs Rs. 7,892 Crores year earlier. EPS improved significantly from Rs. 39.80 to Rs. 54.22 per share. The chemicals segment drove growth with profit of Rs. 913 Crores, offsetting the fertilizers segment loss of Rs. 186 Crores. The company also appointed B S R and Co. as statutory auditors for 5 years.
The 36% rise in net profit and higher dividend payout signals strong financial health and cash generation capacity. Shareholders can expect steady income from dividends backed by improved earnings, though the flat revenue suggests cost efficiency drove gains rather than sales growth.