Board in their meeting held on 25.05.2026 has approved Dividend for the Financial Year 2025-26 @15%.
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The Board of Directors approved a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong standalone net profit of Rs. 1,157.12 lakhs for FY 2025-26, up significantly from Rs. 117.96 lakhs in the previous year. Total income grew to Rs. 5,086.59 lakhs from Rs. 4,421.82 lakhs. Basic EPS improved to Rs. 19.48 from Rs. 2.07. The record date for dividend entitlement is fixed as July 31, 2026. The company also completed a rights issue of 29,38,500 shares at Rs. 75 each in March 2026, raising Rs. 2,203.875 lakhs.
The 15% dividend declaration signals a return to profitability after substantial growth in net profit year-on-year. However, without knowing the current market price, the dividend yield cannot be confirmed. Shareholders on the record date of July 31, 2026 will be entitled to receive the dividend.