The Board has approved 3rd interim dividend for FY 2025-26
NRBBEARING · price
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NRB Bearings Board declared its 3rd interim dividend of Rs. 2.25 per equity share (112.5% on face value of Rs. 2) for FY 2025-26. Record date is May 13, 2026, with payment within 30 days. This is the third dividend this fiscal year following Rs. 2.5 in October 2025 and Rs. 3.2 in February 2026, bringing total dividends to Rs. 7.95 per share. The company also reported audited standalone revenue of Rs. 1,18,570 lakhs and consolidated revenue of Rs. 1,33,515 lakhs for FY 2025-26. No final dividend will be recommended since interim dividends are being paid. The board also approved investments in subsidiaries Mahant Tool Room and NRB Unitech Friction Solutions, land acquisition up to Rs. 40 crores for expansion, and adoption of updated Whistle Blower Policy.
Positive signal for shareholders as the company maintains its dividend payout trajectory with 3rd interim dividend, though the amount of Rs. 2.25 is lower than the previous two interim dividends (Rs. 3.2 and Rs. 2.5). The cumulative dividend of Rs. 7.95 per share demonstrates consistent shareholder回报. The no-final-dividend policy is consistent with the interim dividend approach.