Manaksia Coated Metals & Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 09-Sep-2025.
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Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose about 29% year-on-year to roughly ₹249.78 crore (vs ~₹193.78 crore in Q1 FY25), while net profit jumped to about ₹14.10 crore from ~₹3.04 crore, a roughly 4.6x jump. EPS stood at ₹1.49 (vs ₹0.41). The results include an exceptional item of ₹121 lakh. The board fixed September 9, 2025 as the record date for the final dividend (subject to shareholder approval at the AGM) and scheduled the 15th AGM for September 16, 2025 via video conferencing. The board also approved a scheme of amalgamation of its wholly-owned subsidiary JPA Snacks Private Limited (a non-operational snacks entity) with the company, which will not change the shareholding pattern.
Strong double-digit revenue growth and a sharp jump in profit indicate a healthy quarter for shareholders and may support positive sentiment. The dividend record date gives investors clarity on eligibility. The amalgamation is a routine internal restructuring of an inactive subsidiary with no impact on shareholding.