IVP Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 1.5 (15%) per equity share.
IVP · price
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IVP Limited's Board Meeting held on May 21, 2026 approved the audited FY2025-26 standalone financial results showing strong growth. Revenue from operations rose to Rs. 59,455 Lakhs (vs Rs. 53,885 Lakhs in FY25), and profit after tax increased to Rs. 1,868 Lakhs, up 65% year-on-year from Rs. 1,131 Lakhs. EPS stood at Rs. 18.09. The Board recommended a final dividend of 15% (Rs. 1.5 per share of Rs. 10 face value), subject to shareholder approval at the 97th AGM. The company also reported an exceptional item of Rs. 46 Lakhs due to new labour codes and fully provided Rs. 613 Lakhs for a fraud incident involving a sales employee. Statutory auditors Rajendra & Co. were reappointed for 5 years, and two independent directors were reappointed for second 5-year terms.
Strong profit growth of 65% YoY and the recommended dividend signal financial health, though the absolute dividend amount of Rs. 1.5 per share is modest relative to the EPS of Rs. 18.09. The fraud provision of Rs. 613 Lakhs and one-time labour code compliance cost are headwinds but appear fully accounted for.