IRM Energy Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 1.5 per equity share.
IRMENERGY · price
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IRM Energy Limited's Board of Directors met on May 08, 2026 and recommended a final dividend of Rs. 1.5 per equity share (15% on face value of Rs. 10 each) for FY2025-26, subject to shareholder approval at the AGM. The company also reported audited financial results showing consolidated net profit of Rs. 127.53 million for the year ended March 31, 2026, a significant decline from Rs. 532.09 million in the previous year. Total consolidated revenue from operations stood at Rs. 11,599.56 million. The dividend will be paid to shareholders on a record date to be fixed by the board. Auditors issued an unmodified opinion on the financial statements.
The recommended dividend is modest at Rs. 1.5 per share, with no yield signal detectable without stock price data. The sharp decline in net profit (down ~76% YoY) may concern investors despite the dividend declaration.