KUANTUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kuantum Papers Ltd's Board of Directors met on 26th May 2026 and approved the audited financial results for FY2026. Net profit declined significantly to Rs 41.95 crore from Rs 115.18 crore in the previous year, while revenue from operations stood at Rs 1,085.21 crore. The Board recommended a dividend of Rs 2.50 per equity share (250% on face value of Re. 1), totaling Rs 21.82 crore, subject to shareholder approval at the AGM on 27th August 2026. The record date for dividend entitlement and voting rights has been fixed as 20th August 2026. Key re-appointments include Pavan Khaitan as Vice Chairman & Managing Director for three years from April 2027.
The steep decline in net profit (down 64% YoY) may concern investors, though the dividend declaration at Rs 2.50 per share signals management's commitment to shareholder returns. The record date confirms that shareholders on the register as of 20th August 2026 will be eligible for the dividend.