Network People Services Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 2 per equity share.
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Network People Services Technologies Limited (NPST) reported FY 2025-26 standalone revenue of Rs. 19,417 lakhs, up 12% from Rs. 17,312 lakhs in FY 2024-25. However, standalone profit after tax declined to Rs. 4,106 lakhs from Rs. 4,520 lakhs in the prior year. Consolidated PAT was Rs. 4,082 lakhs vs Rs. 4,520 lakhs year-over-year. The Board recommended a final dividend of Rs. 2 per equity share (face value Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM. The company also announced resignation of Independent Director Mr. Abhishek Mishra and appointment of Mr. Vijay Kumar Singh as Additional Director (Independent). Additionally, 12,850 equity shares were allotted under the NPST Employee Stock Option Plan 2023. The company maintains strong cash reserves of Rs. 26,726 lakhs.
The dividend recommendation of Rs. 2 per share signals returning value to shareholders. However, the decline in profitability despite revenue growth may raise concerns about cost management. The director changes and ESOP allotments indicate ongoing governance and employee retention activities.