IL&FS Investment Managers Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 0.70 per equity share.
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The Board of Directors recommended a final dividend of Rs. 0.70 per equity share (face value Rs. 2 each) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong turnaround with profit after tax of Rs. 4,791.30 lakhs compared to a loss of Rs. 217.71 lakhs in the previous year, driven primarily by dividend income of Rs. 5,175.27 lakhs. Total revenue increased significantly to Rs. 5,528.76 lakhs from Rs. 904.78 lakhs. The standalone financial statements received a qualified opinion from auditors for the eighth consecutive time due to the ongoing SFIO investigation against the IL&FS Group. Consolidated financial results were deferred as one subsidiary (IL&FS Investment Advisors LLC) did not provide audited statements.
The dividend announcement provides shareholder returns amid ongoing IL&FS Group resolution efforts and legal uncertainties. However, the qualified audit opinion and SFIO investigation risks remain overhangs for investors.