Jindal Drilling And Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of 20% on equity shares i.e. INR 1.00 per equity share of face value of INR 5/- each, for the financial year 2025-26, subject to approval of members, at the forthcoming Annual General Meeting.
JINDRILL · price
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Jindal Drilling & Industries Limited reported audited FY26 standalone revenue of Rs. 99,657 lakhs (up 20% YoY from Rs. 82,795 lakhs) and consolidated revenue of Rs. 99,657 lakhs. Standalone net profit rose to Rs. 17,261 lakhs (vs Rs. 14,084 lakhs in FY25), while consolidated net profit stood at Rs. 21,060 lakhs (slightly lower than Rs. 21,590 lakhs in FY25). The Board recommended a final dividend of INR 1 per equity share (20% on face value of Rs. 5), same as the previous year, subject to shareholder approval at the AGM. The company also reappointed M/s P L Gupta & Co. as internal auditors for FY27 and recognized an exceptional charge of Rs. 395 lakhs due to new labor codes implementation. Auditors issued unmodified opinions on both standalone and consolidated financial statements.
The dividend payout remains flat at INR 1 per share, signaling the company is retaining more cash for growth. The strong revenue growth (20% YoY) is positive, though consolidated net profit marginally declined. Investors seeking dividend income may view the unchanged dividend neutrally.