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Smruthi Organics board has approved a dividend of Rs 1.5 per equity share (15%) for FY 2025-26, totaling Rs 171.69 lakhs distributed across 1,14,46,290 shares. The company reported net profit of Rs 342.57 lakhs for the year, down from Rs 356.29 lakhs in the previous year, while revenue from operations declined to Rs 10,196.71 lakhs from Rs 12,600.79 lakhs. Earnings per share stood at Rs 2.99 compared to Rs 3.41 a year ago. The board also appointed Ms. Smruthi Purushotham Eaga as Whole Time Director for 3 years effective June 1, 2026. Book closure and record dates for the dividend will be announced separately.
The dividend payout represents a significant increase from the previous year's Rs 71.69 lakhs, signaling confidence in the company's financial position despite lower profits and revenue. Shareholders can expect a positive market reaction if the yield is attractive.