Board approved final dividend of Rs. 1.50/- per equity share for FY 2025-26.
HUDCO · price
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HUDCO's Board has recommended a final dividend of Rs. 1.50 per share (15% on Rs. 10 face value) for FY 2025-26, subject to shareholder approval at the ensuing AGM. This is in addition to four interim dividends already paid during the year totaling Rs. 4.55 per share (Rs. 1.15 + Rs. 1.00 + Rs. 1.15 + Rs. 1.25), bringing the total dividend for FY 2025-26 to Rs. 6.05 per share. The company's standalone net profit for FY 2025-26 stood at Rs. 4,034.37 crore, up from Rs. 2,709.14 crore in the previous year, with EPS of Rs. 20.15. The final dividend will be paid within 30 days of shareholder approval.
The final dividend is positive for shareholders, though the stock price impact may be limited as the amount was largely anticipated. The total annual dividend of Rs. 6.05 per share reflects the company's improved profitability this fiscal year.