Board Declares Dividend for the financial year ended March 31, 2026 subject to approval of Members
SMARTLINK · price
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Smartlink Holdings Board has recommended a final dividend of Rs. 2 per equity share (100% on face value of Rs. 2 each) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company also reported strong financial performance with standalone net profit of Rs. 1,321.99 lakhs, a significant jump from Rs. 253.68 lakhs in the previous year, driven by reversal of impairment on subsidiary Digisol Systems (Rs. 1,288.36 lakhs) and improved operational performance. Consolidated revenue grew 26% to Rs. 27,993.48 lakhs. The record date for determining eligible shareholders is July 10, 2026, and the dividend will be paid within 30 days of shareholder approval.
Strong earnings recovery with 5x profit growth makes this dividend announcement more credible. The 100% payout ratio is healthy and signals management confidence, though the absolute dividend amount remains modest at Rs. 2 per share.