Record Date and Payment date fixed for the Final Dividend.
HONDAPOWER · price
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Honda India Power Products has recommended a final dividend of Rs. 13 per equity share (130% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The record date is August 19, 2026, and the dividend will be paid on September 17, 2026. The company's total income for FY26 stood at Rs. 90,281 lakhs (up ~8% YoY), but profit after tax declined ~20% to Rs. 6,424 lakhs from Rs. 7,994 lakhs in FY25. EPS for the year is Rs. 63.33. The board also announced key leadership changes including appointment of Mr. Sameer Jain as Chief Corporate Officer and Whole-Time Director, succeeding Mr. Vinay Mittal who retires in September 2026.
Despite a 20% decline in net profit, the company has maintained dividend at Rs. 13/share, indicating continued cash flow strength. The fixed record date and payment schedule give shareholders clarity on dividend receipt timing.