The Board has recommended a final Dividend of Rs. 0.40 per Equity share of Rs. 10 each (4%) for the financial year 2025-26.
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Patel Integrated Logistics board has recommended a final dividend of Rs. 0.40 per equity share (4% on face value of Rs. 10) for FY 2025-26, representing a 33% increase from Rs. 0.30 per share in FY 2024-25. The company reported strong financial performance with standalone net profit of Rs. 960 lakhs, up 26.3% from Rs. 759.95 lakhs in the prior year. Total standalone income grew to Rs. 36,003.56 lakhs from Rs. 34,536.77 lakhs. Finance costs dropped significantly to Rs. 35.37 lakhs from Rs. 117.52 lakhs. Borrowings were reduced substantially with current borrowings falling to Rs. 584.67 lakhs from Rs. 1,257.18 lakhs. The dividend is subject to shareholder approval at the 64th AGM.
The 33% dividend increase signals improved profitability and cash generation. Shareholders benefit from higher returns, though the absolute dividend is modest given the small per-share amount. The strong 26% profit growth and deleveraging trend indicate a healthy financial position.