Following Company's Policy on Dividend Distribution, the Board resolved to recommend payment of Final Dividend @ 21.5% Rs 2.15 per Equity Share of Rs 10 each face value for FY 2025-26, ....
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IFGL Refractories Ltd Board approved FY2025-26 standalone revenue of Rs 1,10,941 lakhs (up 11.2% YoY) and consolidated revenue of Rs 1,89,425 lakhs (up 14.6% YoY). However, standalone profit after tax fell to Rs 3,884 lakhs from Rs 5,760 lakhs in prior year (down 32.6%), while consolidated PAT declined to Rs 3,470 lakhs from Rs 4,298 lakhs (down 19.3%). The Board recommended a final dividend of Rs 2.15 per equity share (21.5% on Rs 10 face value) for FY2025-26, subject to shareholder approval at the AGM on August 5, 2026. Record date for dividend eligibility is July 29, 2026. The profit decline was partly attributed to Rs 523 lakhs exceptional charge related to new labour code provisions.
The dividend signals continued shareholder returns despite profit decline. Investors may view the maintained dividend positively, though the 32.6% fall in standalone PAT could weigh on sentiment given operational challenges.