Recommendation of Dividend by the Board of Directors for the FY ended March 31, 2026.
RAMRAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors has recommended a dividend of Rs. 2.50 per equity share (50% of face value Rs. 5/-) for FY 2025-26, subject to shareholder approval at the 34th AGM on August 4, 2026. The company reported strong standalone profit of Rs. 10,832.08 Lakhs, up 51% from Rs. 7,172.32 Lakhs in the previous year. Revenue from operations grew to Rs. 5,07,610.97 Lakhs from Rs. 3,62,267.94 Lakhs. EPS improved to Rs. 11.61 from Rs. 7.70. Additionally, the company completed a 1:1 bonus share issue in December 2025, doubling the equity share capital. The record date for dividend will be announced separately.
The recommended dividend and strong financial results signal company health. The dividend amount of Rs. 2.50 per share is modest, and combined with the 1:1 bonus issue, existing shareholders benefit from increased shareholding. The stock could see positive reaction given the 51% profit growth.