Radiant Cash Management Services Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 2.5 per equity share.
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Radiant Cash Management Services Limited held its Board meeting on May 29, 2026, and approved the audited financial results for FY2026 ending March 31, 2026. Standalone revenue was Rs. 4,012.86 million (slight decline from Rs. 4,050.91 million), with profit after tax at Rs. 382.15 million, down 16% from Rs. 456.69 million. Consolidated profit after tax dropped significantly to Rs. 279.79 million from Rs. 470.57 million due to an exceptional item of Rs. 31.25 million related to fraudulent transactions discovered in subsidiary Aceware Fintech Services Private Limited. The Board recommended a final dividend of Rs. 2.5 per equity share (250% on face value of Rs. 1), totaling Rs. 266.77 million, same as the previous year. The company also re-appointed M/s. Menon & Pai as internal auditors for FY2026-27.
The company maintained its dividend payout despite a significant decline in consolidated profitability, which is positive for shareholder returns. However, the fraud incident in the subsidiary and lower earnings may create short-term pressure on the stock price.