Board in its meeting held on May 27, 2026 approves recommendation of Dividend for the year 2025-26 for the approval of members in ensuing Annual General Meeting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krishanveer Forge's Board has recommended a final dividend of Rs. 3 per equity share (30% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with profit before tax more than doubling to Rs. 1,456.42 Lakhs from Rs. 758.48 Lakhs in the previous year. EPS improved significantly from Rs. 5.15 to Rs. 10.40. Total comprehensive income nearly doubled to Rs. 1,155.80 Lakhs. The dividend will be paid within 30 days of the AGM, with the record date to be announced later.
The near-doubling of profits and 100% increase in EPS signals strong operational performance, which could support a positive re-rating. The 30% dividend payout represents a healthy return to shareholders, though the dividend yield cannot be confirmed without the current stock price.