KOTHARIPETNSEKothari Petrochemicals Limited· TradingHighPositive
Announced Tue, 5 May · 14:01 IST

Kothari Petrochemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 05, 2026, declared Interim Dividend of Re. 1 per equity share.

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AI summary

Kothari Petrochemicals Limited's Board declared an interim dividend of Re. 1 per equity share (10% on face value of Rs 10) for FY 2026-27. The record date is May 11, 2026, and payment will be made on or before June 3, 2026. For the year ended March 2026, the company reported total income of Rs 60,049.84 lakhs (up 2% YoY) and profit after tax of Rs 7,249 lakhs (up 10.1% YoY). EPS for FY 2026 stands at Rs 12.32 compared to Rs 11.18 in the previous year. The company also wrote off obsolete assets worth Rs 25.82 lakhs as an exceptional item.

Likely market impact

The 10% increase in profit after tax and consistent dividend declaration signal stable financial performance. The dividend represents a modest payout for shareholders, with the record date set for mid-May 2026.