Recommendation of final dividend @2.5% i.e. Rs. 0.25/- per equity share of the face value of Rs. 10 each to the shareholders for the financial year ended 31st March, 2026
STARTECK · price
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The Board of Directors of Starteck Finance Ltd has recommended a final dividend of Rs. 0.25 per equity share (2.5% on face value of Rs. 10) for the financial year ended 31st March, 2026. This is subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with consolidated net profit of Rs. 2,361.21 lakh for FY 2026, up significantly from Rs. 1,042.42 lakh in the previous year. Standalone net profit stood at Rs. 1,715.60 lakh. Notably, the Promoter and Promoter Group have waived their rights to receive the dividend, meaning the payout will only go to public shareholders. Auditors issued an unmodified (unqualified) opinion on the financial statements.
The dividend recommendation is modest and signals financial stability. The promoter waiver reduces cash outflow burden, which is neutral to positive for minority shareholders. The strong profit growth year-on-year supports the company's ability to maintain distributions.