Attached herewith the letter regarding dividend declaration
RICOAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rico Auto Industries Board meeting on May 29, 2026 approved audited financial results for FY 2025-26. The company reported consolidated revenue of Rs. 2,477.73 crores (up 12% from Rs. 2,212.40 crores) and consolidated profit after tax of Rs. 52.42 crores (up 173% from Rs. 19.19 crores). EPS improved significantly to Rs. 3.73 from Rs. 1.42. The Board recommended a dividend of Rs. 0.55 per equity share (55% payout) subject to shareholder approval. One-time exceptional items of Rs. 7.38 crores (consolidated) and Rs. 6.17 crores (standalone) were recorded due to changes in new labour codes.
Strong profit growth and dividend declaration should be positive for shareholders. The company maintains shareholder returns while reporting improved operational performance.