The Board of Directors of La Opala RG Limited has recommended a final dividend of Rs. 5.00/- per equity share (250%) of face value of Rs. 2.00/- each
LAOPALA · price
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La Opala RG Limited reported audited FY2025-26 results with profit after tax of Rs. 9,230.25 lakhs, down 4.4% from Rs. 9,658.52 lakhs in FY2024-25. Revenue from operations declined to Rs. 30,906.46 lakhs from Rs. 33,186.38 lakhs. The Board recommended a final dividend of Rs. 5 per share (250% on face value of Rs. 2), representing a significant reduction from previous year dividends of Rs. 11,113.48 lakhs. The statutory auditors issued an unmodified opinion. Additionally, the Board approved re-appointment of Ms. Suparna Chakrabortti as Independent Director for another 5-year term and reappointed S.S. Kothari Mehta & Co. LLP as internal auditors for FY2026-27.
The 50% dividend cut compared to previous year despite maintaining profitability signals potential cash conservation or future investment plans. Shareholders will vote on the dividend at the 39th AGM. The stock may see near-term pressure due to reduced payout, though the company's balance sheet remains strong with total equity of Rs. 82,036 lakhs.