The Board of Directors has recommended a dividend of Rs. 0.60 (Rupees Sixty Paise Only) per equity shares for the financial year 2025-26, subject to the approval of the members at the ensuing ....
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Spice Islands Industries' Board has recommended a final dividend of Rs. 0.60 per equity share for FY 2025-26, pending shareholder approval at the AGM. The company also paid two interim dividends of Rs. 0.50 each during the year (Nov 2025 and Feb 2026). For FY 2025-26, revenue from operations surged to Rs. 1,789.10 lakhs from Rs. 77.87 lakhs in the prior year. Profit before tax grew to Rs. 564.22 lakhs versus Rs. 112.19 lakhs, while EPS improved to Rs. 11.45 from Rs. 1.11. The record date for the final dividend is fixed as July 31, 2026. The company operates in three segments: EV renting, food & beverages, and hospitality.
Strong financial performance with multi-fold revenue and profit growth supports the dividend payout. The total annual dividend of Rs. 1.60 per share signals confidence in continued profitability, though investors should note the significant jump in share capital due to warrant conversions.