Record date for Final Equity Dividend
HINDPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Petroleum's Board has recommended a final equity dividend of Rs. 19.25 per share (on Rs. 10 face value) for FY 2025-26, with record date set as August 14, 2026. This is in addition to the Rs. 5 interim dividend already paid during the year, taking total dividend for FY26 to Rs. 24.25 per share. The company's standalone net profit more than doubled to Rs. 17,175 crore from Rs. 7,365 crore in FY25, driven by improved gross refining margins of $8.79/BBL (up from $5.74/BBL). Total income stood at Rs. 4.81 lakh crore. The dividend is subject to shareholder approval at the ensuing AGM, and payment will be made within 30 days of declaration.
Strong dividend increase reflecting robust profitability recovery. The total dividend of Rs. 24.25 per share represents a significant payout compared to FY25, signaling confidence in sustained performance. This should be positive for shareholder returns and stock sentiment.