Recommended dividend of 20% on equity share i.e INR 1.00 per equity share of face value of INR 5/- each for the financial year 2025-2026, subject to the approval of members at the forthcoming ....
JINDRILL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Drilling & Industries Ltd's Board approved FY2025-26 audited results on May 22, 2026. Standalone net profit rose 22.6% to Rs 17,261 lakhs from Rs 14,084 lakhs. Consolidated net profit declined marginally to Rs 21,060 lakhs from Rs 21,590 lakhs, partly due to Rs 3,018 lakhs foreign exchange loss. The Board recommended a dividend of Rs 1 per equity share (20% on Rs 5 face value) for FY2025-26, subject to shareholder approval at the AGM. This is the same dividend as paid in the previous year. The company also recognized Rs 395 lakhs as exceptional item for new labor code implementation.
The dividend payout signals management confidence in the company's financial health, though the flat dividend versus FY2024-25 means no increase in income for shareholders. The slight decline in consolidated profit despite strong standalone performance warrants monitoring.