Isgec Heavy Engineering Limited has informed the Exchange that Record date for the purpose of Dividend is 08-Sep-2025.
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Isgec Heavy Engineering's board, at its meeting on August 13, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, revenue from operations fell to Rs. 98,380 lakhs from Rs. 121,540 lakhs in Q1 FY25, while profit after tax was Rs. 8,659 lakhs (vs Rs. 8,850 lakhs), translating to an EPS of Rs. 11.78. Consolidated revenue stood at Rs. 1,34,099 lakhs with a total PAT of Rs. 5,863 lakhs. The board also reconstituted the Audit, Nomination & Remuneration, Stakeholders Relationship, CSR, and Risk Management committees. The company fixed September 8, 2025 as the record date for the Rs. 5 per share dividend (on Re. 1 face value) recommended earlier, subject to shareholder approval at the AGM on September 16, 2025, with payment due by October 14, 2025. The sale of its Philippines ethanol subsidiary (Bioeq Energy) for USD 10 million is facing delays and is now expected to close by September 15, 2025, with an additional USD 38.89 million in loans extended to the Singapore step-down subsidiary during the quarter.
The dividend record date announcement is a routine procedural step, but shareholders must hold shares by September 8, 2025 to be eligible for the Rs. 5 per share payout. Q1 results show a modest dip in standalone earnings and revenue, while the prolonged Bioeq divestment and additional loan extensions continue to weigh on the group's consolidated balance sheet, though the Philippine unit is now classified as held-for-sale.