Recommended a final dividend of Rs. 1.50 (75% of face value) per equity share of nominal value if Rs.2 /-each for the FY 2025-26 subject to the approval of the shareholders at the Genera meeting
KALAMANDIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved Q4 and full year FY 2025-26 financial results showing strong performance with total income of Rs. 1,672.52 Crores (up 12.5% YoY) and net profit of Rs. 140.92 Crores (up 65% YoY). Basic EPS improved to Rs. 9.56 from Rs. 5.80. The Board recommended a final dividend of Rs. 1.50 per equity share (75% of face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM. Key management changes include appointment of Mr. Bharadwaj Rachamadugu as CEO (effective May 12, 2026) and Ms. Sridevi Dasari as Additional Director (Independent). Ms. Sirisha Chintapalli resigned as Independent Director effective May 6, 2026.
The strong 65% profit growth and maintained dividend payout signal financial health. The appointment of a new CEO from within the company suggests continuity in strategy. The stock may see positive reaction given robust earnings growth, though the dividend yield remains modest at current price levels.