Steelcast Limited has informed the Exchange that Board of Directors at its meeting held on July 31, 2025, declared Interim Dividend of Rs. 1.80 per equity share.
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Steelcast Limited's Board, at its meeting on July 31, 2025, declared a first interim dividend of Rs. 1.80 per equity share (36% on face value of Rs. 5) for FY 2025-26, payable on or before August 30, 2025. The Board also fixed August 8, 2025 as the record date for the dividend and August 29, 2025 as the record date for a sub-division/split of equity shares, subject to shareholder approval at the AGM. Q1 FY26 results showed net sales of Rs. 10,668.55 lakhs and profit after tax of Rs. 1,988.26 lakhs (EPS of Rs. 9.82), down sequentially from Q4 FY25 but up sharply year-on-year versus Q1 FY25 (PAT of Rs. 1,292.98 lakhs).
The 36% interim dividend signals healthy cash generation and rewards shareholders, while the proposed stock split could improve share affordability and liquidity. Sequential decline in sales and profit from Q4 FY25 to Q1 FY26 is normal seasonality but should be monitored.