Board has recommended a final dividend of Rs. 2 per share, subject to members approval at the ensuing Annual General Meeting for the Financial Year ended March 31, 2026.
PREMCO · price
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Premco Global's Board has recommended a final dividend of Rs. 2 per equity share (20% on face value Rs. 10) for FY ended March 2026, pending shareholder approval at the ensuing AGM. This is in addition to three interim dividends already declared during the year, totaling Rs. 44 per share. For FY 2026, standalone profit after tax stood at Rs. 1,393.11 lakhs versus Rs. 1,331.33 lakhs in previous year. Consolidated revenue declined to Rs. 9,368.04 lakhs from Rs. 10,947.51 lakhs year-on-year, though consolidated profit after tax was Rs. 591.73 lakhs. The company also appointed a new Company Secretary and Compliance Officer. Auditors issued unqualified opinions on both standalone and consolidated financial statements.
The dividend commitment signals financial stability despite revenue decline. Shareholders can expect total dividend of Rs. 46 per share for FY 2025-26, but the impact on stock price will depend on market expectations and current valuations.