Menon Bearings Limited has informed the Exchange that Record date for the purpose of Dividend is 31-Jul-2025.
MENONBE · price
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Menon Bearings' board, at its meeting on 25th July 2025, approved unaudited Q1 FY26 results and declared an interim dividend of Rs. 2.00 per equity share (200% on face value of Re. 1), with a record date of 31st July 2025 and payment between 6th-10th August 2025. The total dividend payout is Rs. 1,120.80 lakhs. Standalone Q1 performance was strong with total income rising to Rs. 48.55 crores (from Rs. 39.96 crores) and net profit climbing to Rs. 6.87 crores (from Rs. 4.78 crores), a ~44% jump. Consolidated numbers were even better on growth: total income up 17.8% to Rs. 68.81 crores, EBITDA up 27.7%, and PAT up 36.9% to Rs. 8.43 crores. The board also recommended appointing Mr. Nandan Borgalkar as a Non-Executive Independent Director for 5 years and M/s. M Baldeva Associates as Secretarial Auditors for 5 years, both subject to shareholder approval.
The combination of robust Q1 earnings growth (~37% consolidated PAT growth) and a generous 200% interim dividend signals strong cash generation and shareholder-friendly capital allocation, likely to be viewed positively by the market. The dividend will be paid to shareholders on record as of 31st July 2025.