Board recommends Final Dividend for Financial Year 2025-26
REDINGTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Redington Ltd's Board has recommended a final dividend of Rs. 6 per equity share (300% of face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM on July 29, 2026. The company reported strong revenue growth with consolidated revenue up 20% to Rs. 1,19,162 crore and standalone revenue up 30% to Rs. 63,801 crore. However, profitability declined with consolidated PAT falling 29% to Rs. 1,284 crore due to an exceptional impairment charge of Rs. 152 crore related to subsidiary Arena in Turkey. Standalone EPS dropped from Rs. 18.47 to Rs. 15.91. The Board also re-appointed S V Krishnan as Finance Director for 5 years. Record date for dividend eligibility is July 3, 2026.
The dividend recommendation maintains the same Rs. 6 per share payout as the prior year despite lower profits, signaling management confidence. However, the 29% drop in consolidated PAT and EPS decline may concern investors focused on profitability growth.