The Board of Directors at their Board Meeting held on 28th May, 2026 recommended payment of the final dividend.
POKARNA · price
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Pokarna Limited's Board recommended a final dividend of Rs. 0.60 per share (30% on face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the 35th AGM on July 27, 2026. The dividend is unchanged from the previous year (Rs. 186.02 lakhs total payout). Financially, the standalone entity reported a net loss of Rs. 973.69 lakhs for FY 2025-26, compared to a loss of Rs. 676.19 lakhs in the prior year. On a consolidated basis, net profit fell significantly to Rs. 8,060.98 lakhs from Rs. 18,754.85 lakhs in the previous year, with consolidated revenue dropping to Rs. 57,161.89 lakhs from Rs. 93,012.77 lakhs - a near 40% decline. The auditors issued an unmodified opinion on the financial results.
The dividend recommendation is encouraging despite deep losses in standalone operations, supported by strong consolidated profits driven by the Quartz Surfaces segment. The sharp decline in consolidated profitability may weigh on investor sentiment, though the maintained dividend signals management confidence.