Announced Sat, 20 Jun · 14:56 IST

Board recommends 19.50 percent dividend for FY26; FY profit falls sharply

Corporate Actions View source PDF

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AI summary

Panasonic Energy India board approved a 19.50 percent dividend (Rs 1.95 per share) for FY25-26, same as last year, pending AGM approval. FY26 revenue rose marginally to Rs 27,003 lakhs from Rs 26,841 lakhs. Profit after tax fell sharply to Rs 348.68 lakhs from Rs 1,177.31 lakhs, hit by a Rs 339.77 lakh exceptional charge from new labour codes. Auditor flagged non-compliance with Battery Waste Management Rules. EPS dropped to Rs 4.65 from Rs 15.70.

Likely market impact

Steady dividend despite sharp profit fall is positive, but EPS decline and regulatory non-compliance flagged by auditor may weigh on sentiment.