Honda India Power Products Limited has informed the Exchange that Board of Directors at its meeting held on August 12, 2025, declared Interim Dividend of 100 per equity share.
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Honda India Power Products' Board, at its August 12, 2025 meeting, declared an interim dividend of Rs. 100 per equity share (1000%) on shares with a face value of Rs. 10 each, for FY26. The record date is August 21, 2025, with payment to be made by September 11, 2025. The Board also approved unaudited Q1 FY26 results showing revenue from operations of Rs. 154.91 crore, up modestly from Rs. 144.17 crore in Q1 FY25, but profit after tax fell to Rs. 9.48 crore from Rs. 16.15 crore year-on-year. Basic EPS for the quarter stood at Rs. 9.35 versus Rs. 15.92 in the same quarter last year. Additionally, the Board approved an amendment to the Memorandum of Association to add electric motors (branded 'eGX') as a new business line, subject to shareholder approval.
The 1000% interim dividend is a strong cash reward for shareholders and signals confidence in liquidity, though the sharp YoY drop in Q1 profit (about 41%) may temper near-term sentiment. The proposed diversification into electric motors opens a new growth avenue aligned with sustainability trends but will require execution and shareholder approval.