Board approves dividend of Rs. 5 per share, subject to Shareholders approval.
HINDALCO · price
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Hindalco Industries Board has recommended a final dividend of ₹5 per equity share (face value ₹1) for the financial year ended March 31, 2026, pending shareholder approval at the AGM on July 23, 2026. The record date for dividend eligibility is July 10, 2026. For FY2026, standalone profit after tax surged 58% to ₹10,080 crore from ₹6,387 crore in FY2025, while revenue from operations grew 21% to ₹1,12,553 crore. Earnings per share improved significantly to ₹45.40 from ₹28.76. The company also completed acquisition of EMIL Mines and Mineral Resources Limited (coal mine asset) during the year.
The dividend declaration signals strong financial performance with robust profit growth. While the absolute dividend is modest, the company's earnings growth supports continued shareholder returns. The stock may see positive reaction given the strong FY2026 results.