MENONBENSEMenon Bearings LimitedHighPositive
Announced Fri, 25 Jul · 13:04 IST

Menon Bearings Limited has informed the Exchange that Board of Directors at its meeting held on July 25, 2025, declared Interim Dividend of 2 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Menon Bearings Limited's Board, at its meeting on July 25, 2025, approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, net profit after tax rose to Rs. 6.87 crore from Rs. 4.78 crore in Q1 FY25, while total income grew to Rs. 48.55 crore from Rs. 39.96 crore. Consolidated PAT jumped about 37% year-on-year to Rs. 8.43 crore on total income of Rs. 68.81 crore, with EBITDA up nearly 28%. The Board declared an interim dividend of Rs. 2.00 per share (200% on face value of Re. 1) for FY26, absorbing Rs. 1,120.80 lakhs, with a record date of July 31, 2025 and payment between August 6–10, 2025.

Likely market impact

Strong double-digit growth in both standalone and consolidated profits alongside a 200% interim dividend signals healthy cash flows and rewards shareholders in the near term, likely to be viewed positively by the market, subject to the stock's prevailing price.