Intimation of approval of Dividend
PRADPME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pradeep Metals Limited's Board of Directors approved the audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew to Rs. 32,784.87 lakhs from Rs. 29,439.08 lakhs in the previous year, while standalone profit after tax increased to Rs. 2,532.74 lakhs from Rs. 2,314.56 lakhs. The Board recommended a final dividend of 25% (Rs. 2.50 per equity share of Rs. 10 face value) for FY 2025-26, subject to shareholder approval at the 43rd AGM. Consolidated profit for the year stood at Rs. 3,033.72 lakhs. The company also re-appointed its Chairman & Managing Director Mr. Pradeep Goyal for 3 years and initiated a new greenfield project at Butibori, Nagpur for manufacturing artillery shells with an estimated investment of Rs. 250 crores.
The company delivered steady revenue and profit growth in FY2026. The recommended dividend of Rs. 2.50 per share indicates continued shareholder returns, though the actual yield will depend on the prevailing stock price. The AGM date for final dividend approval is yet to be announced.