Jindal Stainless Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2025, recommended Final Dividend of 2 per equity share.
JSL · price
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Jindal Stainless Limited's Board, at its May 8, 2025 meeting, approved audited standalone and consolidated financial results for FY ended March 31, 2025, with joint auditors giving an unmodified opinion. The Board recommended a final dividend of Rs. 2 per equity share (face value Rs. 2), taking total FY25 dividend to Rs. 3 per share including the Rs. 1 interim dividend paid in January 2025. Standalone FY25 revenue rose to Rs. 40,181.68 crore from Rs. 38,356 crore, while net profit grew to Rs. 2,711.19 crore (vs Rs. 2,530.69 crore), with diluted EPS of Rs. 32.91. The Board also appointed Vinod Kothari & Company as Secretarial Auditor for a five-year term from FY26, subject to shareholder approval at the 45th AGM.
Total dividend payout of Rs. 3/share rewards shareholders, though absolute dividend yield remains modest given the stock's market price. Healthy profit growth (~7%) and AA/Stable credit rating reaffirmation signal financial strength, likely supportive of investor sentiment.