HALDYNGLBSEHaldyn Glass Ltd-$HighPositive
Announced Thu, 21 May · 14:03 IST

Corporate Action-Board approves Dividend

Corporate Actions View source PDF

HALDYNGL · price

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AI summary

Haldyn Glass Limited's Board of Directors, at its meeting on May 21, 2026, approved the audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026. Standalone revenue from operations for FY2026 stood at Rs. 46,366.66 lakhs, up from Rs. 38,160.00 lakhs in the prior year. Profit after tax (standalone) grew to Rs. 1,831.87 lakhs versus Rs. 1,296.51 lakhs in FY2025, with EPS at Rs. 3.41 (vs Rs. 2.41). The Board recommended a dividend of Re. 0.70 per equity share of face value Re. 1 (70% payout), subject to shareholder approval at the ensuing AGM. This is identical to the dividend declared for the previous financial year FY2025.

Likely market impact

The company delivered strong year-on-year profit growth, and the maintained dividend signals confidence in financial stability. However, there is no increase in payout — investors should not expect dividend scaling in the near term.