NAHARSPINGNSENahar Spinning Mills Limited· Textiles - SyntheticHighPositive
Announced Thu, 28 May · 17:40 IST

Nahar Spinning Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Re. 1 per equity share.

Corporate Actions View source PDF

NAHARSPING · price

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AI summary

Nahar Spinning Mills board meeting held on May 28, 2026 approved audited financial results for Q4 and FY 2025-26. The company reported total income of Rs. 331,890.66 lakhs for the year, with profit from ordinary activities before tax at Rs. 3,234.37 lakhs and net profit of Rs. 2,241.37 lakhs. Earnings per share stood at Rs. 6.45. The board recommended a dividend of Rs. 1 per equity share (20% on face value of Rs. 5 each), subject to shareholder approval at the ensuing AGM. Statutory auditors issued an unmodified opinion on the financial results.

Likely market impact

The dividend of Rs. 1 per share represents a modest 20% return on the face value. With EPS at Rs. 6.45, the dividend payout ratio is conservative. Positive financial performance with clean audit opinion supports continued shareholder returns.