Recommendation of Final Dividend for the financial year 2025-26.
Price
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Shahlon Silk Industries Ltd's Board has recommended a final dividend of Rs. 0.07 per equity share (3.50% on face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM. The company reported audited net profit of Rs. 444.56 lakhs for the year ended March 2026, up from Rs. 349.86 lakhs in the previous year. Total revenue increased to Rs. 26,018.97 lakhs from Rs. 25,193.83 lakhs year-on-year. EPS improved to Rs. 0.50 from Rs. 0.39 previously. The Board also approved the audited financial results and appointed PNR & Co. LLP as Cost Auditor for FY 2026-27.
The modest dividend of Rs. 0.07 per share signals a positive but conservative payout, reflecting the company's earnings growth. Given the small dividend amount, yield is likely low and may not significantly impact stock price.