SASKENNSESasken Technologies Limited· Computers - SoftwareHighPositive
Announced Fri, 8 May · 22:15 IST

Sasken Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 13 per equity share.

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AI summary

Sasken Technologies' Board has recommended a final dividend of Rs. 13 per equity share (face value Rs. 10) for FY2026, subject to shareholder approval at the AGM. Combined with the earlier interim dividend of Rs. 12 per share (declared on November 7, 2025), the total dividend for the year stands at Rs. 25 per share, representing a 250% payout. The company also reported strong full-year consolidated results: total income rose to Rs. 115,187 lakhs from Rs. 60,675 lakhs in the prior year, and profit after tax grew to Rs. 5,865 lakhs from Rs. 5,051 lakhs, driven partly by the acquisition of Borqs group which added a new 'Product Solutions' segment. EPS for FY2026 stood at Rs. 35.61 (standalone Rs. 42.59), up from Rs. 33.30 in FY2025.

Likely market impact

The increase in total annual dividend from Rs. 25 per share (FY2025, assuming comparable) reflects improved profitability and cash generation, signaling confidence in the business outlook. The combined Rs. 25 payout is positive for retail investors, though yield can only be assessed against the prevailing stock price.