Lux Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 2 per equity share.
LUXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lux Industries Limited reported audited standalone net profit of Rs. 101.45 crore for FY2026, down from Rs. 166.09 crore in FY2025 (approximately 39% decline). Consolidated net profit was Rs. 106.07 crore. Revenue from operations grew to Rs. 2,923.55 crore from Rs. 2,565.69 crore. The Board recommended a final dividend of Rs. 2 per equity share (100% payout on Rs. 2 face value), subject to shareholder approval at the AGM. Notably, the Promoters and Promoter Group have waived their right to receive this dividend. Exceptional items included Rs. 2.76 crore for new labour codes and Rs. 3.35 crore from West Bengal tax settlement.
The profit decline despite revenue growth signals margin pressure, though the maintained dividend and promoter waiver demonstrate promoter confidence. The Rs. 2 dividend represents 100% payout on face value. Without current stock price data, dividend yield cannot be confirmed.