Pearl Global Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, declared Interim Dividend of Rs. 8.50 per equity share.
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Pearl Global Industries Limited declared a second interim dividend of Rs. 8.50 per equity share (170% on face value of Rs. 5 each) for FY 2025-26, totaling Rs. 3,923.57 lakh. The company reported strong consolidated FY2026 results with revenue from operations of Rs. 5,02,459.78 lakh (up 11.5% YoY) and net profit of Rs. 27,002.83 lakh (up 17% YoY). Consolidated EPS improved to Rs. 60.34 from Rs. 54.96. The board also approved appointment of Mr. Rajesh Kumar Singh as Additional Independent Director and reappointed Ernst & Young LLP as internal auditors. Additionally, the company will acquire an additional 9.99% stake in PT Pinnacle Apparels through its step-down subsidiary for USD 1.406 million, taking total holding to 99.92%.
The declaration of second interim dividend and robust profit growth demonstrates strong cash generation and shareholder-friendly approach. The strategic stake acquisition in the Indonesian subsidiary further strengthens operational control, which could benefit long-term earnings.