Intimation about recommendation of dividend
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kovilpatti Lakshmi Roller Flour Mills Ltd has announced dividend recommendations for shareholders. The company reported strong profit growth with profit before tax increasing from Rs. 154.35 lakhs (FY2025) to Rs. 1,015.55 lakhs (FY2026). However, dividend payments decreased significantly from Rs. 113.02 lakhs in FY2025 to Rs. 45.21 lakhs in FY2026, suggesting a reduced dividend payout compared to the previous year. The filing includes audited financial results for the year ended March 31, 2026, with an unmodified opinion from statutory auditors Marimuthu & Associates.
The substantial reduction in dividend payout despite higher profits may concern income-focused investors, though the retained earnings could support future growth investments.