Announced Thu, 28 May · 17:37 IST

Jullundur Motor Agency (Delhi) Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended final dividend of Rs. 3/- per equity share of Rs. 02/- each (including special dividend of Rs. 1/- per equity share) (i.e. 150% including 50% as special dividend) for the Financial Year 2025-26. Payment of final dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company

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AI summary

Jullundur Motor Agency (Delhi) Limited's Board has recommended a final dividend of Rs. 3 per equity share (face value Rs. 2) for FY 2025-26, including a special dividend of Rs. 1 per share. This represents a 150% payout (100% regular + 50% special), up from Rs. 2 per share in the previous year. The company reported standalone net profit of Rs. 2,450.75 Lakhs for FY 2026, up 20.5% from Rs. 2,033.63 Lakhs in FY 2025. Standalone revenue grew to Rs. 48,146.45 Lakhs from Rs. 43,177.73 Lakhs year-on-year. EPS improved to Rs. 10.73 from Rs. 8.90. The dividend is subject to shareholder approval at the 77th AGM scheduled for August 25, 2026, with payment to be made by September 23, 2026. The Board also recommended appointment of Shri Varoon Malik as Managing Director for 5 years.

Likely market impact

The 50% increase in dividend per share signals strong financial performance and confidence in future prospects. The special dividend component adds extra returns for shareholders. Combined with improved profitability metrics, this announcement is positive for investor sentiment.