Manaksia Aluminium Company Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 09-Sep-2025.
MANAKALUCO · price
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Manaksia Aluminium's board approved unaudited results for Q1 FY26 (quarter ended June 30, 2025), showing revenue from operations of Rs 13,441.44 lakhs, up sharply from Rs 8,171.69 lakhs a year ago. Net profit nearly doubled to Rs 155.77 lakhs (vs Rs 71.29 lakhs YoY), with basic EPS improving to Rs 0.24 from Rs 0.11. The board set September 9, 2025 as the record date for both the 15th AGM (scheduled for September 16, 2025) and eligibility for the proposed final dividend of Rs 0.07 per share (7%) on face value of Re 1 for FY25, subject to shareholder approval. Two director re-appointments and a new secretarial auditor were also approved.
Strong YoY revenue and profit growth in Q1 is a positive operating signal, though absolute profit remains modest. The 7% dividend on face value is a token payout and will likely have limited income appeal; investors should watch for the stock's market price to gauge actual yield. AGM and record date clarity helps shareholders plan participation.