Rossell India Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Aug-2026.
ROSSELLIND · price
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Rossell India Limited reported FY2026 total revenue of Rs 22,620 lakhs, up 24% from Rs 18,185 lakhs in FY2025. However, profit after tax declined 19% to Rs 1,586 lakhs from Rs 1,969 lakhs in the previous year. The Board recommended a dividend of Rs 0.40 per equity share (20% on Rs 2 face value), unchanged from the previous year's 20% payout. Q4 FY2026 showed a loss of Rs 2,379 lakhs due to seasonal tea cultivation patterns with minimal cropping. The company also announced retirement of Whole-time Director Mr. Nirmal Kumar Khurana (due to superannuation) and appointment of Mr. Digant Mahesh Parikh as his successor effective 26th August 2026. An impairment of Rs 462 lakhs was recognized on non-current investments through Other Comprehensive Income.
While revenue grew, the 19% decline in annual profit and flat dividend may concern investors seeking growth. The director transition and investment impairment suggest operational challenges, though the dividend payout remains intact pending shareholder approval at the AGM on 25th August 2026.