Kuantum Papers Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
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Kuantum Papers Limited's Board meeting on May 26, 2026 approved audited financial results for FY2025-26 and recommended a final 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 August 27, 2026. The company's annual revenue from operations stood at Rs. 1,085.21 crore, while net profit for the year was Rs. 41.95 crore, showing a decline from Rs. 115.18 crore in the previous year. EPS for the year was Rs. 4.81 compared to Rs. 13.20 in FY2024-25. The Board also re-appointed Pavan Khaitan as Vice Chairman & Managing Director for three years from April 1, 2027, and recommended re-appointment of Chairman Jagesh Kumar Khaitan retiring by rotation. Record date for dividend is August 20, 2026.
The 250% dividend payout demonstrates management's commitment to shareholder returns despite a significant 64% decline in net profit due to lower revenue and higher input costs. The stock may see modest positive reaction given the dividend announcement, though the sharp earnings decline could raise concerns about sustainability.