Record Date for Declaration of Interim Dividend
JLHL · price
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Jupiter Life Line Hospitals reported audited FY2026 consolidated revenue of Rs. 14,997.87 million, up 15.2% from Rs. 13,024.02 million in FY2025. Profit after tax remained relatively flat at Rs. 1,941.87 million vs Rs. 1,937.54 million previously. The Board declared an interim dividend of 10% (Rs. 1 per share) with record date May 22, 2026, and approved a stock split dividing each Rs. 10 share into 5 shares of Rs. 2 each to improve liquidity. Joint statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. Management appointments include Dr. Ajay Thakker as Chairman & Whole-Time Director and new internal and cost auditors for FY2026-27.
The stock split and dividend signal management confidence, though flat PAT growth may temper near-term enthusiasm. Clean audit opinion removes concern about financial reporting quality. The split could improve retail participation and liquidity.