Please find attached intimation for declaration of 2nd Interim Dividend of Rs. 8.50/- per Equity Share
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Pearl Global Industries declared its 2nd interim dividend of Rs. 8.50 per equity share (170% on face value of Rs. 5), totaling Rs. 3,923.57 lakh. The record date is May 21, 2026. For FY2026, consolidated revenue grew 11.5% to Rs. 5,02,460 lakh, while consolidated net profit rose 17% to Rs. 27,003 lakh. EPS (consolidated) improved from Rs. 54.96 to Rs. 60.34. The board also approved acquiring an additional 9.99% stake in PT Pinnacle Apparels (Indonesia) for USD 1.406 million and appointed Mr. Rajesh Kumar Singh as Independent Director.
The strong dividend declaration (170% payout) and 17% profit growth indicate robust cash generation and shareholder-friendly policies. The stock may see positive reaction given the healthy earnings and dividend payout.