Indian Energy Exchange Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2026, recommended Final Dividend of Rs. 2 per equity share.
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Indian Energy Exchange Limited's Board of Directors has recommended a final dividend of Rs. 2 per equity share (face value Rs. 1) for FY2026, subject to shareholder approval at the AGM. This follows an interim dividend of Rs. 1.5 per share already paid during the year, making total dividend for FY2026 at least Rs. 3.5 per share versus Rs. 1.5 per share in FY2025. For the year ended March 2026, standalone revenue from operations grew 13.6% to Rs. 60,838.57 lakhs, while profit after tax increased 14.2% to Rs. 47,370.79 lakhs. Basic EPS improved from Rs. 4.66 to Rs. 5.33. Consolidated profit after tax stood at Rs. 49,292.12 lakhs. The company's strong cash generation and improved profitability supported the higher dividend payout.
The company has significantly increased its total dividend payout for FY2026, representing a more than doubling from the previous year. This positive dividend news, combined with strong financial performance, is likely to be viewed favorably by shareholders and could support the stock price.